Michael Saylor
👤 PersonAppearances Over Time
Podcast Appearances
So if you wanted just a macro handle, you might do it. And then the third class are these arbitrageurs that think that they want a short micro strategy and go long Bitcoin because they're going to bet that the premium we trade against is going to compress. And that was the Kerrisdale trade.
So if you wanted just a macro handle, you might do it. And then the third class are these arbitrageurs that think that they want a short micro strategy and go long Bitcoin because they're going to bet that the premium we trade against is going to compress. And that was the Kerrisdale trade.
I got it. And I'm looking at an article that says over the next three years, you're planning on buying another $42 billion of Bitcoin.
I got it. And I'm looking at an article that says over the next three years, you're planning on buying another $42 billion of Bitcoin.
Yeah.
Yeah.
So you can't get enough of this.
So you can't get enough of this.
No, I mean, look, I think Bitcoin was, you know, it was a $90 billion asset class in March of 2000 when I was first looking at it. And then by August, it was about $180 billion asset class. And right now, four years later, it's $1.8 trillion asset class. And I think it's going to $18 trillion, then $180 trillion, and then it's going to go beyond that. So I think it's a very simple thing.
No, I mean, look, I think Bitcoin was, you know, it was a $90 billion asset class in March of 2000 when I was first looking at it. And then by August, it was about $180 billion asset class. And right now, four years later, it's $1.8 trillion asset class. And I think it's going to $18 trillion, then $180 trillion, and then it's going to go beyond that. So I think it's a very simple thing.
I think Bitcoin is going to grow from 0.1% of the money in the world to 7% of the money in the world over the next 21 years. And of course, you should just go long and keep buying it.
I think Bitcoin is going to grow from 0.1% of the money in the world to 7% of the money in the world over the next 21 years. And of course, you should just go long and keep buying it.
0.1% to, you said, 7%?
0.1% to, you said, 7%?
Yeah, it'll go from like $1.8 trillion to $240 trillion, and it'll go up 29% a year, ARR. That is my base case.
Yeah, it'll go from like $1.8 trillion to $240 trillion, and it'll go up 29% a year, ARR. That is my base case.
And I've heard you say that in 21 years, it's going to be at $13 million per Bitcoin.
And I've heard you say that in 21 years, it's going to be at $13 million per Bitcoin.
That takes you to $13 million.
That takes you to $13 million.