The results of Michael Saylor’s survey of 93,456 respondents indicate a growing belief in bitcoin, as the majority of participants foresee substantial gains in the future.
Survey Shows Growing Optimism about Bitcoin’s Prospects – Saylor’s Supporters Anticipate Significant Expansion
Micro strategy’s executive chairman, Michael Saylor, recently wrapped up a social media poll on platform X, where he invited his followers to forecast the yearly growth of bitcoin over the next two decades.
A recent poll, which collected 93,456 responses, asked participants to forecast the potential returns of BTC by choosing from four possible outcomes: 14%, % of voters (39.3%) opted for the most optimistic projection, predicting a 38% return. The 30% option came in second, garnering 19.4% of the vote. A close third, 19.1% of respondents predicted a 22% annual return, while 22.2% took a more cautious approach, forecasting a 14% return.
Microstrategy, the software intelligence company co-founded by Saylor, has emerged as a significant player in the corporate investment space for bitcoin, continuously increasing its bitcoin holdings over the past few years. Just recently, the company acquired 2,138 BTC for approximately $209 million. To date, as of December 29, Microstrategy now possesses 446,400 BTC, which it purchased for around $27.9 billion.
The company introduced its new strategy, the “21/21 Plan,” aiming to gather $42 billion within three years by investing in both equity and fixed-income assets to grow its bitcoin reserves. This bold approach to acquisitions has significantly influenced the company’s stock performance in the current year. The stock saw a rise in value due to investor trust and its addition to the Nasdaq 100 Index. Nonetheless, the stock experienced a decline recently, coinciding with a decrease in the price of bitcoin.
Saylor has consistently emphasized bitcoin’s potential as a reliable long-term investment, often likening it to a digital equivalent of gold. He has made predictions for the crypto currency’s value in 2045, ranging from a conservative estimate of $3 million to a more optimistic forecast of $49 million, with a middle-ground projection of $13 million. On X, Saylor highlighted MicroStrategy’s strong performance, noting that since the start of the fourth quarter, the company’s treasury operations have generated a significant return on bitcoin holdings, resulting in a net gain of 120,600 BTC for shareholders, equivalent to approximately $11.6 billion at a value of $96,000 per BTC.
