Michael Saylor⚡️
MicroStrategy announces $42 billion capital plan including $21 billion ATM equity offering and a target of raising $21 billion in fixed-income securities. Join us at 5pm ET as we discuss our quarterly results and #Bitcoin Treasury Company plans. $MSTR
https://x.com/saylor/status/1851718391889043954So if Microstrategy is the only buyer of Bitcoin for the next 3 years then the price will be $89,000
I think at this point Bitcoin is basically assured to hit $100K+ and likely to hit at least $160K next year even with no added demand. Considering that price would set off retail demand, I feel pretty comfortable saying we hit $200K as a low end estimate. Things are going to get wild.
