Strategy Executive Chairman Michael Saylor stated that Bitcoin has bottomed just below $60,000 and entered a new bull market, predicting the asset will definitely return above $100,000. He forecasts 20% to 30% annual growth for Bitcoin over the coming years as it heads above $80,000.
Strategy plans to increase its Bitcoin holdings during this cycle by issuing additional credit-type securities to fund purchases. Meanwhile, MSCI is considering adjusting index rules that could remove Strategy from its global equity benchmark, with a decision expected Friday. Saylor expressed disappointment with MSCI's current stance and hopes for reconsideration.
Saylor: Bitcoin Has Bottomed and Will Return Above $100,000
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