MicroStrategy, a business intelligence firm famed for extensive Bitcoin acquisitions, plans to evolve into a Bitcoin bank. The announcement propelled MicroStrategy's stock (MSTR) to an all-time high. The firm currently holds 252,220 Bitcoin, equating to approximately $15.8 billion in value.
Michael Saylor, MicroStrategy's CEO, confidently forecasts Bitcoin's potential soaring to between $3 million and $49 million by 2045. This optimistic outlook aligns with some analysts' predictions that the company's overall value could increase by 6 to 10 times.
The strategic move towards banking indicates MicroStrategy's commitment to integrating Bitcoin into traditional financial infrastructures, potentially reshaping the dynamics of cryptocurrency usage in business operations.
