From Nasdaq
May 28, 2025 07:15 AM:

Bitcoin has surged past $111,000, rewarding MicroStrategy’s Michael Saylor with a 2,930% stock increase since investing in Bitcoin. Saylor believes Bitcoin’s potential is far from over, with predictions ranging from $10 million to $13 million per token by 2045. President Trump’s U.S. Strategic Bitcoin Reserve could further boost Bitcoin adoption globally.

Major U.S. banks like Morgan Stanley and JPMorgan Chase are now offering Bitcoin purchases to clients, while funds are increasing exposure to Bitcoin via spot Bitcoin ETFs or MicroStrategy stock. Bitcoin’s rise is attributed to its status as a digital gold alternative amid concerns over the U.S. government’s fiscal situation.

Despite Bitcoin’s speculative nature, investors are eyeing its potential growth as an inflation hedge. While Saylor predicts a price target of $10 million to $13 million per token, the long-term forecast remains uncertain. The Motley Fool Stock Advisor suggests alternative investment options for potential high returns, with Bitcoin not making the cut on their list.

Read more at Nasdaq: 1 Top Cryptocurrency to Buy Before It Soars 9,105%, According to MicroStrategy’s Co-Founder Michael Saylor