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Sujit Kumar
Sep 10, 2024
by Sujit Kumar

Scottie Pippen and Michael Saylor Weigh In on Bitcoin's Future

Michael Saylor weigh on bitcoin's future

Table of contents

  1. Saylor’s $13 Million Bitcoin Prediction
NBA Hall of Famer Scottie Pippen recently revisited his lighthearted tweet about Satoshi Nakamoto giving him a bullish Bitcoin price prediction in a dream. This tweet sparked mixed reactions within the crypto community, ranging from skepticism to enthusiasm. Now, Pippen has extended the conversation to Bitcoin advocate Michael Saylor’s ultra-bullish price forecast.

On CNBC's Squawk Box, MicroStrategy’s executive chairman Michael Saylor discussed Bitcoin’s market trends, the performance of Bitcoin ETFs, and MicroStrategy's remarkable success. Saylor highlighted that his company’s stock has surged over 800% since August 2020 due to its strategy of buying Bitcoin with funds raised through convertible notes, offering indirect exposure to Bitcoin similar to ETFs.

Saylor’s $13 Million Bitcoin Prediction

During the interview, Saylor boldly predicted that Bitcoin could reach $13 million per coin in the next 21 years, expecting Bitcoin’s market cap to grow from 0.1% of global capital to 7%. In a humorous twist, Scottie Pippen chimed in on X (formerly Twitter), referencing his earlier “dream” where Satoshi Nakamoto predicted Bitcoin reaching $84,650 by November 5.

While Pippen’s comment appeared to be ironic, Saylor's ambitious forecast underscores the ongoing debate around Bitcoin’s potential. MicroStrategy, which has accumulated $8.3 billion worth of Bitcoin, remains at the forefront of corporate Bitcoin investment strategies.

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
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Michael Saylor
Scottie Pippen and Michael Saylor Weigh In on Bitcoin's Future
Sujit Kumar
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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