Strategy Founder Michael Saylor Predicts Bitcoin Could Reach $1 Million to $10 Million Range

Strategy Founder Michael Saylor and CEO Phong Le made significant statements about their company's balance sheet strategy, stock dynamics, and Bitcoin's role in the global financial ecosystem. In a recent investor Q&A session moderated by Natalie Brunell, Saylor described Bitcoin as the primary 'capital' in the digital world, stating that Strategy is building its future growth plans directly on this foundation.

Saylor emphasized that Bitcoin is not a traditional means of payment or everyday currency but rather a digital capital asset. He pointed out that 99.9% of global economic value currently resides in traditional capital, real estate, gold, and credit markets, excluding Bitcoin. Saylor stated that a 10 to 100-fold growth of the Bitcoin network requires a capital inflow from the traditional financial world.

The company's digital credit instruments aim to trigger this capital inflow. CEO Phong Le addressed investors' concerns about the decline and dilution of stock prices, explaining that capital increases and the issuance of new instruments create value for shareholders as long as they increase the amount of Bitcoin per share. Saylor maintained his belief that Bitcoin could reach the $1 million to $10 million range in the future as the company accumulates an increasingly larger portion of the supply.