One of Bitcoin's most dedicated investors believes the life-changing returns have just begun.
Bitcoin is a famously successful investment that has returned more than 10,000% during the past decade.
The cryptocurrency is polarizing, though. Legendary investor Warren Buffett has famously said he wouldn't purchase all the world's Bitcoin for $25. On the other hand, some, including MicroStrategy founder Michael Saylor, believe Bitcoin is a crucial component of the global economy.
Saylor recently spoke at the 2024 Bitcoin conference, where he discussed his belief that Bitcoin's price will reach $13 million per coin by 2045.
That's roughly 20,000% higher than its current value.
Saylor isn't just talking the talk; he reportedly holds about $1 billion in Bitcoin while his company, MicroStrategy, has accumulated 226,500 bitcoins worth about $13.6 billion.
Does his bold prediction hold water? Should investors buy Bitcoin at today's prices?
Here is what you need to know.
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