Saylor’s Survey Reveals Optimistic Outlook on Bitcoin Among Investment Community
On January 1, Michael Saylor, who is the executive chairman of the software intelligence company Microstrategy (Nasdaq: MSTR) and a prominent supporter in the bitcoin community, held a survey on a social media platform called X. The survey asked his followers a simple question: do they expect to have more bitcoin by the end of 2025 than they currently possess?
A recent survey garnered a significant response of 65,164 votes, demonstrating a high level of engagement from the community. The results showed that nearly 78% of participants are bullish on bitcoin, intending to expand their portfolios by 2025. In contrast, approximately 22% expressed to add to their holdings, suggesting a combination of satisfaction with their current investments and wariness about potential market fluctuations.
Saylor previously held a poll on Dec. 29, inquiring about the expected yearly gains of bitcoin for the next 21 years among his audience. The poll saw participation from 93,456 X users, with the majority (39.3%) opting for the highest potential return of 38%. Participants were given four options to choose from—14%, 22%, 30%, and 38%. This interaction demonstrates a rising curiosity in forecasting bitcoin’s performance over an extended period.
The executive chairman of Microstrategy remains a staunch advocate for bitcoin, likening it to a digital equivalent of gold. His long-term forecast for the cryptocurrency’s value by 2045 spans a wide range, from a conservative estimate of $3 million to a more optimistic projection of $49 million, with a mid-range prediction of Microstrategy has continued to aggressively expand its bitcoin portfolio, which now totals 446,400 BTC, worth roughly $27.9 billion as of December 29.
Microstrategy recently announced its ambitious “21/21 Plan” to raise $42 billion in the next three years by investing in both stocks and bonds to increase its bitcoin holdings. This bold investment strategy has had a significant impact on Microstrategy’s stock performance in 2024, with investor excitement and the company’s addition to the Nasdaq 100 driving share prices higher.
