Bitcoin has experienced a pullback after a strong start to the year due to funding concerns and uncertainty about the Federal Reserve’s future actions. Michael Saylor, an advocate for Bitcoin, has invested heavily in the cryptocurrency, predicting a significant increase in value over time, with a target of $150,000 by year-end and $20 million in the next 20 years.

Saylor believes Bitcoin’s finite supply makes it a digital gold that can hedge against inflation and geopolitical risks. Institutional adoption and regulatory clarity have contributed to the growth of Bitcoin. Strategy, Saylor’s Bitcoin treasury company, received a credit rating and aims to tap capital markets for funding to purchase more Bitcoin.

While Bitcoin remains a volatile and relatively new asset, Saylor remains bullish on its long-term potential. Investors may consider exposure to Bitcoin for diversification but should be prepared for volatility. The Motley Fool Stock Advisor team has identified 10 stocks with potential for significant returns, excluding Bitcoin from their list.

Read more at Nasdaq: 1 Top Cryptocurrency to Buy Before It Soars 21,750%, According to Strategy’s Michael Saylor