Saylor says bitcoin will ‘double or triple’ S&P returns over coming years, vows Strategy won’t be selling
Michael Saylor predicts Bitcoin will significantly outperform the S&P 500 over the next four to eight years and confirms MicroStrategy will continue buying.Summary
Strategy Executive Chairman Michael Saylor stated that Bitcoin (BTC) is expected to significantly outperform traditional assets, predicting it will "double or triple the performance of the S&P over the next four to eight years," despite recent volatility affecting both BTC and MicroStrategy (MSTR) shares. This statement comes as Bitcoin pulled back from recent highs and MSTR stock experienced pressure. Despite the downturn, Strategy continues to accumulate BTC, recently purchasing another 1,142 BTC for about $90 million, bringing total holdings to 714,644 BTC. Saylor firmly dismissed any possibility of selling, vowing, "We're not going to be selling. We're going to be buying bitcoin. I expect we’ll be buying bitcoin every quarter forever." He framed the asset's volatility as inherent to its appeal for long-term investors.
(Source：The Block)