Michael Saylor: Bitcoin may appreciate at an average annual rate of nearly 29% over the next 20 years

 Michael Saylor, Chairman of Strategy, stated in a recent podcast interview that the recent price trend of Bitcoin has been flat, which is a sign of strength rather than weakness. The market is currently in a consolidation phase, with long-term holders selling some of their positions, while institutional investors are preparing for larger allocations. The decreasing volatility is a very good sign." Looking ahead, Michael Saylor compares the rise of Bitcoin Treasury Company to the early days of the petrochemical industry, where in a chaotic but transformative decade, various products, business models, and wealth continuously emerged. He predicts that in the next twenty years, Bitcoin will appreciate at an average annual rate of nearly 29%, thereby driving the emergence of new credit and equity tools.