Michael Saylor, co-founder and executive chairman of Strategy, has forecasted that Bitcoin will outperform the S&P 500 by nearly 29% annually over the next 21 years. Speaking on a crypto-focused podcast, Saylor highlighted Bitcoin's finite supply and decentralized nature as key factors in its potential to become a superior 'digital capital'.
Saylor envisions Bitcoin replacing traditional assets as a preferred store of value for institutional investors. He also discussed the potential for Bitcoin-backed loans to offer longer durations and stronger returns, criticizing conventional currencies for their inflation susceptibility. Strategy, Saylor's firm, holds over 638,000 BTC and is now eligible for S&P 500 inclusion, reflecting improved profitability and accounting changes.
Michael Saylor Predicts Bitcoin to Outperform S&P 500 by 29% Annually
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.