Why $71 Billion Bitcoin Behemoth Strategy Is Still Betting on BTC Hitting $150K This Year

Core Viewpoint - Michael Saylor, Strategy Executive Chairman, remains optimistic about Bitcoin's price, predicting it will reach $150,000 by the end of the year despite recent declines from its all-time high of over $126,000 [1][2]. Company Insights - Strategy has accumulated a Bitcoin treasury valued at over $71 billion, making it the largest publicly traded Bitcoin treasury and a pioneer in the digital asset treasury market [4]. - The company's stock, MSTR, closed down 3.26% at $275.36, but has seen an 11% increase over the past year, compared to Bitcoin's nearly 54% rise [5]. Industry Trends - Saylor highlights diminishing volatility and a more structured market with increased derivatives and hedging options as positive indicators for Bitcoin's future [2]. - The last 12 months are described as the best in the crypto industry's history, with significant endorsements from the White House and the SEC regarding Bitcoin and digital assets [3]. - Saylor expresses a long-term bullish outlook, suggesting Bitcoin could reach $1 million per coin in the next four to eight years and anticipates a 30% annual growth over the next 20 years, potentially leading to a $20 million Bitcoin [3].