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In a recent CNBC interview, Michael Saylor, the visionary co-founder of MicroStrategy, boldly declared that Bitcoin is poised to surpass gold. Highlighting Bitcoin’s superior qualities over gold, Saylor emphasized its lack of gold’s drawbacks and its potential for significant value growth, especially with the anticipated halving event in April. This event, expected to slash the natural supply of sellers by half, could propel Bitcoin’s value to unprecedented heights. CoinLedger’s latest study supports Saylor’s optimism, predicting a surge to $115,000 for Bitcoin within six months post-halving.
Following this prediction, Bitcoin has already achieved a new peak, crossing the $72,000 mark and outpacing gold, which remains below its highest value. Saylor further argues that Bitcoin will attract more capital from risk assets, crediting strong inflows into Bitcoin ETFs. Nonetheless, he advises that investing in MicroStrategy offers a more advantageous exposure to Bitcoin than direct investment in spot ETFs, citing the flexibility and additional options provided by MicroStrategy’s financial instruments.
