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MicroStrategy Risks Mount if BTC Slips: Michael Saylor Eyes Trillionaire Tag


by Anisha Pandey
for CoinEdition
Michael Saylor to Become a Trillionaire BTC Outlook for the Next Cycle
  • Bitcoin will hit $420K and then $1 million five, claims Qiao Wang from Alliance DAO.
  • Imran Khan and Wang also believe that this is the last Bitcoin cycle.
  • If BTC hits $500K, Michael Saylor will become the world’s first trillionaire.

Michael Saylor, the former CEO and current executive chairman of MicroStrategy—the largest corporate holder of Bitcoin (BTC)—is on track to become the world’s first trillionaire within four years if a new BTC cycle begins. Meanwhile, the leading digital asset struggles to maintain its path above $100,000.

Qiao Wang and Imran Khan, partners at Alliance DAO, a leading Web3 accelerator and founder community, discussed Bitcoin and MicroStrategy on the Good Game Podcast. The entrepreneurs hope the cryptocurrency does not fall below $58,000 in the next four years because that figure marks MicroStrategy’s liquidation point.

The post MicroStrategy Risks Mount if BTC Slips: Michael Saylor Eyes Trillionaire Tag appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Public Companies Buy More Bitcoin Than ETFs for Third Consecutive Quarter

Public Companies Buy More Bitcoin Than ETFs for Third Consecutive Quarter

Corporate treasuries are turning to bitcoin for strategic growth that outpaces tradit...
Bitcoin ETFs See $602 Million Surge as Inflow Momentum Builds

Bitcoin ETFs See $602 Million Surge as Inflow Momentum Builds

Bitcoin exchange-traded funds (ETFs) continued their red-hot streak with a $602 milli...

MicroStrategy Risks Mount if BTC Slips: Michael Saylor Eyes Trillionaire Tag


by Anisha Pandey
for CoinEdition
Michael Saylor to Become a Trillionaire BTC Outlook for the Next Cycle
  • Bitcoin will hit $420K and then $1 million five, claims Qiao Wang from Alliance DAO.
  • Imran Khan and Wang also believe that this is the last Bitcoin cycle.
  • If BTC hits $500K, Michael Saylor will become the world’s first trillionaire.

Michael Saylor, the former CEO and current executive chairman of MicroStrategy—the largest corporate holder of Bitcoin (BTC)—is on track to become the world’s first trillionaire within four years if a new BTC cycle begins. Meanwhile, the leading digital asset struggles to maintain its path above $100,000.

Qiao Wang and Imran Khan, partners at Alliance DAO, a leading Web3 accelerator and founder community, discussed Bitcoin and MicroStrategy on the Good Game Podcast. The entrepreneurs hope the cryptocurrency does not fall below $58,000 in the next four years because that figure marks MicroStrategy’s liquidation point.

The post MicroStrategy Risks Mount if BTC Slips: Michael Saylor Eyes Trillionaire Tag appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Public Companies Buy More Bitcoin Than ETFs for Third Consecutive Quarter

Public Companies Buy More Bitcoin Than ETFs for Third Consecutive Quarter

Corporate treasuries are turning to bitcoin for strategic growth that outpaces tradit...
Bitcoin ETFs See $602 Million Surge as Inflow Momentum Builds

Bitcoin ETFs See $602 Million Surge as Inflow Momentum Builds

Bitcoin exchange-traded funds (ETFs) continued their red-hot streak with a $602 milli...