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

[Michael Saylor: Bitcoin may appreciate at an average annual rate of nearly 29% over the next twenty years] Strategy Executive Chairman Michael Saylor stated in a recent podcast interview that Bitcoin's recent price movement has been flat, which is a sign of strength rather than weakness. The market is in a consolidation phase, with long-term holders selling off some of their holdings while institutional investors prepare 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 Bitcoin will appreciate at an average annual rate of nearly 29% over the next twenty years, driving the emergence of new credit and equity tools.