Michael Saylor

I think the past five years, it's like a 37% annualized growth rate.

So if it moves from 37% down to 20%, you'll get some blended rate, you'll get a blended volatility.

And I think, where are we right now?

I think it's oversold.

So I would expect that Bitcoin will be much higher by the end of the year.

than it is right now.

But you know, Bitcoin has a way of making fools of all of us when we try to forecast its 12 week move or 24 or two week move.

It's a bit above my pay grade.

So long term, I am bullish.

Near term, I'm also bullish.

And in the intermediate frame, I'm sure there'll be a lot of unexpected surprises due to unexpected developments that none of us can anticipate.

Oh, I think eventually it's going to $20 million, $21 million a coin.

I think it's going to emerge as the dominant digital capital of the world.

What would shake your confidence in that?

I haven't seen anything to shake my confidence yet.

By definition, Black Swan, something unexpected, unanticipated.

That's a little bit easier answer.

The global embrace of it is a legitimate asset.

So as the Americans, the Chinese, the Europeans, the Japanese recognize it as a capital asset that you can hold for long-term investment or long-term store value, that's a big

That's a big step.