Michael Saylor: Bitcoin may appreciate at an average annual rate of nearly 29% over the next twenty years

ChainCatcher news, according to CoinDesk, Strategy Executive Chairman Michael Saylor stated in a recent podcast interview that the recent price movement of Bitcoin is flat, which is a sign of strength rather than weakness. The market is in a consolidation phase, long-term holders are selling part of their positions, and institutional investors are preparing for larger allocations. The decline in volatility is a very good sign.

Looking ahead, Michael Saylor compares the rise of Bitcoin treasury companies to the early days of the petrochemical industry, where various products, business models, and wealth emerged during a chaotic yet transformative decade. He predicts that over the next twenty years, Bitcoin will appreciate at an average rate of nearly 29% per year, driving the emergence of new credit and equity instruments.