Saylor's bull case gives Bitcoin a $49 million price target in 2045, putting its market cap at an astronomical $1 quadrillion. Even the bear case is very optimistic, with Bitcoin's price rising at an average annual pace of 18.4% and hitting $3 million in 20 years.

MicroStrategy announced Monday that it had bought even more Bitcoin and revealed it would sell stock to raise capital and fund future purchases of the cryptocurrency. MicroStrategy’s latest purchase brings its total holdings to more than 470,

The money raised to buy Bitcoin isn't free, either. MicroStrategy now has $4.2 billion in debt on its balance sheet, and its shares outstanding have increased significantly since it began its crypto strategy, up nearly 40% over the last year to 197 million shares.

Bitcoin bonds” offer insurers a less risky way to purchase cryptocurrency.

MicroStrategy Inc. bought Bitcoin for a 12th consecutive week and unveiled details for the sale of perpetual preferred stock to help finance additional purchases of the cryptocurrency. Most Read from BloombergWhat Happened to Hanging Out on the Street?

MicroStrategy announced the acquisition of 10,107 BTC for $1.1 billion raising its total Bitcoin holdings to 471,107 Bitcoins.

MicroStrategy co-founder Michael Saylor has hinted at another Bitcoin purchase scheduled for Jan. 27, following the company’s recent acquisition of 11,000 BTC on Jan. 21.

That all changed in 2020, when MicroStrategy's co-founder and then-CEO Michael Saylor directed it to buy 21,454 Bitcoin s (CRYPTO: BTC) for $250 million. It then accumulated more Bitcoin each year, and it held 450,000 Bitcoins as of Jan. 13.

MicroStrategy continues its ambitious Bitcoin acquisition strategy with a $1.1 billion purchase of 10,107 BTC, bringing its total holdings to 471,107 BTC, while implementing new financing mechanisms to support future cryptocurrency investments.

As a result, Saylor predicts Bitcoin could soar to $13 million per coin by the year 2045, which would translate to an eye-popping 13,031% gain for investors who buy it at the current price of about $99,000. But how realistic is that target?

MicroStrategy has made headlines after it spent $1.1 billion in buying Bitcoins. It bought 10,107 BTC between January 21 and January 26, 2025, at about $105,596 each. The total Bitcoin now is 471,107 BTC valued at