MicroStrategy Chairman Michael Saylor считает , that the US government can already purchase at least 20-25% of the total supply of Bitcoin.
He stressed that the purchase process should not be delayed, because the cost of the first cryptocurrency has not yet increased 100 times. In his opinion, investing in Bitcoin as profitable as Manhattan real estate, which is always in demand.
In addition, Michael Saylor once again shared his forecast regarding the long-term value of Bitcoin. According to his calculations, over the next 20 years, the asset will grow by an average of 29%, and by 2045, the price of the first cryptocurrency will exceed $13 million.
As soon as the US authorities turn on Bitcoin into their strategic reserve, as in the future, governments of many countries may follow their example to reduce the size of the public debt.
The business strategy of MicroStrategy has proven its viability, as the acquisition of the coin allowed to increase profits several times, and criticism from some representatives of the community and the market has ceased to matter against the backdrop of the rapid rally of Bitcoin, the businessman concluded.
