This BlackRock ETF Could Soar 18,000%, According to Billionaire Michael Saylor

Group 1: Michael Saylor and Bitcoin Investment Strategy - Michael Saylor, co-founder of MicroStrategy, has shifted focus to Bitcoin investment, recognizing the risks of holding cash or Treasuries amid rising federal debt and money supply post-COVID-19 [4][5] - MicroStrategy has adopted a Bitcoin treasury strategy, owning just under 629,000 Bitcoin units, significantly altering its business model to raise capital for further Bitcoin purchases [5][6] - Saylor projects Bitcoin could reach $21 million by 2046, indicating an upside of nearly 18,000% from its current price of about $114,000, which is a revision from his previous target of $13 million for 2045 [6][7] Group 2: iShares Bitcoin Trust (ETF) Insights - The iShares Bitcoin Trust, an ETF by BlackRock, tracks Bitcoin's price and has seen significant success since its launch in January 2024, amassing $86 billion in assets, making it the largest spot Bitcoin ETF [9][10] - This ETF enhances accessibility for investors, allowing them to invest in Bitcoin through traditional brokerage accounts without needing to manage private keys or self-custody practices [10][11] - While investors do not own Bitcoin directly through the ETF, many are still interested in gaining exposure to Bitcoin's potential long-term value [11][12]