The post Michael Saylor predicts Bitcoin will reach $150K before year-end appeared on BitcoinEthereumNews.com. In a recent CNBC interview at the Money 20/20 fintech conference in Las Vegas, Michael Saylor, founder of Strategy, projected that Bitcoin’s price would hit $150,000 by late 2025. The executive noted that the asset could even easily hit $20 million over the next two decades as institutional adoption grows. His optimism, he explained, is driven by the market’s evolution into a more stable and structured one. He told CNBC that Bitcoin’s volatility has been tapering off as the market gains maturity through the use of derivatives and risk-management tools. He added, “I think Bitcoin’s gonna continue to grind up.”  Saylor anticipates the token could reach $1 million  Bitcoin’s price has advanced roughly 54% over the past year, holding steady above $100,000 and reaching around $111,000 as of Wednesday. However, the current prices represent a significant slump from its October all-time high of above $126,000.  Nevertheless, Saylor believes the coin could surge past $1 million over the next couple of years. He commented, “I don’t know why it won’t grind up to a million dollars a coin over the next four to eight years. And of course, my long-term forecast is that it goes up about 30% a year for the next 20 years, and we’re headed towards $20 million Bitcoin.”  Earlier, he had emphasized that his company would continue buying Bitcoin, regardless of how high the price gets. Once, he compared his company’s aggressive Bitcoin strategy to Manhattan’s real estate. He pointed out that Manhattan’s economy operates in a loop, as property values rise, developers take on more debt to build higher, a pattern that has been in motion for 350 years. Strategy has so far built up a Bitcoin stash valued at more than $71 billion, making it the world’s largest publicly traded Bitcoin holder. Meanwhile, as earlier… The post Michael Saylor predicts Bitcoin will reach $150K before year-end appeared on BitcoinEthereumNews.com. In a recent CNBC interview at the Money 20/20 fintech conference in Las Vegas, Michael Saylor, founder of Strategy, projected that Bitcoin’s price would hit $150,000 by late 2025. The executive noted that the asset could even easily hit $20 million over the next two decades as institutional adoption grows. His optimism, he explained, is driven by the market’s evolution into a more stable and structured one. He told CNBC that Bitcoin’s volatility has been tapering off as the market gains maturity through the use of derivatives and risk-management tools. He added, “I think Bitcoin’s gonna continue to grind up.”  Saylor anticipates the token could reach $1 million  Bitcoin’s price has advanced roughly 54% over the past year, holding steady above $100,000 and reaching around $111,000 as of Wednesday. However, the current prices represent a significant slump from its October all-time high of above $126,000.  Nevertheless, Saylor believes the coin could surge past $1 million over the next couple of years. He commented, “I don’t know why it won’t grind up to a million dollars a coin over the next four to eight years. And of course, my long-term forecast is that it goes up about 30% a year for the next 20 years, and we’re headed towards $20 million Bitcoin.”  Earlier, he had emphasized that his company would continue buying Bitcoin, regardless of how high the price gets. Once, he compared his company’s aggressive Bitcoin strategy to Manhattan’s real estate. He pointed out that Manhattan’s economy operates in a loop, as property values rise, developers take on more debt to build higher, a pattern that has been in motion for 350 years. Strategy has so far built up a Bitcoin stash valued at more than $71 billion, making it the world’s largest publicly traded Bitcoin holder. Meanwhile, as earlier…