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Michael Saylor price Bitcoin at $10 million and anticipates $200 trillion market value
As Trump explores a strategic crypto reserve, Michael Saylor forecasts Bitcoin will hit $200 trillion and $9.52 million per coin.
Bitcoin bull and Strategy co-founder Michael Saylor is predicting a $200 trillion market valuation for Bitcoin (BTC).
"We have $2 trillion in Bitcoin. It'll reach 20 trillion, then 200 trillion. In an exclusive CNBC interview, Saylor claimed it's expanding 20% annually. "That capital is coming from overseas... from China, from Russia, from Europe, from Africa, from Asia, from the 20th century to the 21st century."
If Bitcoin's market valuation exceeds $200 trillion, BTC would cost $10 million. Divide $200 trillion by 21 million BTC, the maximum supply.
President Donald Trump revealed intentions to construct a Crypto Strategic Reserve using Bitcoin, Ethereum (ETH), XRP, Solana (SOL), and Cardano. Financial and crypto communities are divided on the plan.
Bitcoin-only reserve or political play?
A longstanding proponent of Bitcoin as a sovereign reserve asset, Saylor noted that Trump has taken a wider stance than others.
"There’s no way to interpret this other than this is bullish for Bitcoin and is bullish for the entire U.S. crypto industry," stated. "There are conservatives that view the right path forward as just a Bitcoin-only policy... but the President’s adopted a more liberal economic policy, and that's his right."
When asked whether he advised the White House on the reserve strategy, Saylor said he had spoken to Congress.
"I've met with a bunch of senators on the Democratic and the Republican side, a bunch of congresspeople, a few members of the cabinet, and a few members of the administration," said. "For the last four and a half years, I’ve been talking about Bitcoin to anybody, anywhere in the world, every day."
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