TREE NEWS reports: Strategy co-founder and executive chairman Michael Saylor said bitcoin has bottomed just below $60,000 and is now headed above $80,000, telling Bloomberg Television it will “certainly” return above $100,000. Saylor forecast 20% to 30% annual bitcoin growth over the next few years and said Strategy will buy more bitcoin and issue additional credit securities to fund purchases. He also called MSCI’s current stance “disappointing” ahead of a Friday decision on whether to drop Strategy from its global equity benchmarks.
Saylor Says Bitcoin Has Bottomed, Will Top $100K in New Bull Run
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AI take
Saylor's forecast carries weight less as a price call than as a signal about Strategy's own capital plans: more bitcoin purchases funded by additional credit issuance, which ties the company's balance sheet ever more tightly to the asset. The MSCI benchmark decision he calls disappointing is the nearer-term variable, since index inclusion affects the pool of institutions able to hold the equity at all. Whether Strategy's premium to its bitcoin holdings can persist alongside fresh debt issuance is the open question.
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