Michael Saylor predicts BTC will become a $200 trillion asset class and global settlement layer
Strategy founder Michael Saylor expects BTC to become a $200 trillion asset class by 2024 and to become the global settlement layer of the artificial intelligence-driven Internet era. The United States will consolidate its dominant position by adopting a Bitcoin strategic reserve, forcing its adoption globally. Strategy has accumulated over 500,000 bitcoins using innovative financial instruments such as convertible bonds and preferred stocks to provide funds for its corporate bitcoin funds, while financially designing a self-sustaining price increase cycle. Michael Saylor has stated that he will destroy BTC before his death, rather than donating these assets, as this approach is a more ethical and rational form of charity and will give Bitcoin "economic immortality," making everyone in the Bitcoin network wealthier and more powerful.
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