Michael Saylor Expects More Bitcoin Purchases as MSCI Reviews Strategy

Strategy Executive Chairman Michael Saylor said Bitcoin (BTC) is in the early stages of a bull market and expects the cryptocurrency to return above $100,000, while MSCI reviews whether Strategy will remain in its global equity benchmark indexes. Saylor said Bitcoin likely reached a bottom just below $60,000 and is now moving above $80,000. He also expects Bitcoin’s annual growth rate to reach 20% to 30% over the next several years. Saylor said he expects Strategy to buy more Bitcoin during a bull market and issue additional credit-related securities to finance the purchases.