1396: “Bitcoin Will Hit $5,000,000 By This Date” - Michael Saylor - a podcast by Justin Verrengia
from 2023-09-09T22:13:08
Michael Saylor recently shared 3 catalyst which he believes will send the Bitcoin price to $5,000,000 per coin.
"1. Spot ETF approval - inevitable. 2. Banks custody and lend against Bitcoin as collateral - coming soon.
3. Fair value accounting rules from FASB - ✅ Approved this week. I don’t know if they happen in 36 months or 24 months or 12 months but I’d be shocked if it’s more than 36 months and I hope it doesn’t happen in 12 months because my view is, the longer it takes the more progressive the grind, the more time I have to buy more of it.”
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