Bitcoin officially broke through the $100,000 mark this morning, reaching a high of $104,000, continuing to set historical records. Current data from BitcoinTreasuries shows that the Bitcoin holdings of the listed company Microstrategy have risen to a total value of $41.3 billion, with an unrealized gain of nearly $18 billion after deducting the total cost of about $23.4 billion.
Michael Saylor praises Bit as a game-changer for the global economy
As Bit hits a new high, Microstrategy founder Michael Saylor recently gave an interview to Fox Business, sharing his views on how Bit is driving the digitalization of capital, believing that Bit represents the digital transformation of hundreds of trillions of dollars in capital, which will fundamentally change the way the global economy operates:
Bit is the core of digital capital, representing the digitization of hundreds of trillions of dollars in capital. It allows us to transfer assets at the speed of light and program capital freely around the world, which traditional assets cannot do.
Imagine a 40-ton sculpture, which is just a burden when stationary, but when installed on a flywheel and driven, it can become a powerful energy source. The volatility of Bit is just such a source of power, providing new possibilities for the capital markets.
Michael Saylor mentioned that the significance of Bit goes beyond economic gains, as Bit is also of great importance to underdeveloped regions, especially those constrained by the harsh conditions of the International Monetary Fund (IMF) and the World Bank, as he believes that Bit provides a way for these regions to break free from traditional financial oppression:
In many underdeveloped countries, local currencies are rapidly depreciating, and people cannot effectively store their wealth. Bit provides a borderless, inflation-resistant way to store capital.
Optimistic about a market cap of $28 trillion by 2045
Looking to the future, Michael Saylor believes that as global acceptance of digital assets gradually increases, Bit will become the "global reserve capital", and he predicts that by 2045, Bit's market cap may grow from the current $2 trillion to $28 trillion, with a single Bit price potentially reaching $13 million:
For me, the base case is that Bit's price will grow an average of 29% per year over the next 21 years, which will take Bit to $13 million by 2045.
This growth will come from technological innovation, inflationary pressures, and the trend of people shifting capital from traditional assets to Bit.
