Bitcoin price may reach $850,000, supported by Thailand's interest in cryptocurrency.

From Investing.com, December 14, 2024 7:30 PM:

Former Thai Prime Minister Thaksin Shinawatra predicts Bitcoin will reach $850,000, aiming to raise awareness about the cryptocurrency. Thailand plans to set up a sandbox allowing BTC payments in Phuket, influenced by U.S. cryptocurrency policies. There is also interest in stablecoins to boost the country’s economy.

MicroStrategy, known for its Bitcoin strategy, joins Nasdaq 100 ETF. The company’s market cap has surged due to its significant Bitcoin holdings, currently totaling 423,650 BTC valued at $41.5 billion. MicroStrategy has been issuing bonds to fund more Bitcoin purchases, following a successful growth trend.

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