MicroStrategy‘s Bitcoin-Fueled Ambitions
MicroStrategy, a business intelligence firm and one of the world’s largest corporate Bitcoin holders, is drawing bullish predictions from its own analyst, Jeff Walton. Walton, featured in the Financial Times documentary “Michael Saylor‘s $40 Billion Bitcoin Bet,” believes MicroStrategy is poised to become the “number one publicly traded equity in the entire market” due to its Bitcoin-driven financial strength.
MicroStrategy currently holds roughly 568,840 Bitcoin, worth approximately $59 billion. Walton argues that this massive Bitcoin stash, combined with the company’s remarkable fundraising capabilities, sets the stage for a future where MicroStrategy surpasses all other publicly listed firms in terms of market capitalization.
A $12 Billion Capital Raise in Just 50 Days
Walton highlights MicroStrategy‘s ability to raise capital with remarkable speed as a key indicator of its potential. In November 2024, the company raised $12 billion in a mere 50 days. “It’s incredibly hard to raise $100 million of capital, and they just raised $100 million of capital 120 times in 50 days, and they were able to buy Bitcoin with that capital. That’s insane,” Walton emphasizes.
Saylor’s Vision of a Bitcoin-Driven Future
MicroStrategy‘s CEO, Michael Saylor, shares a similarly optimistic view of the company’s future, driven by its Bitcoin strategy. “I think that MicroStrategy is in a position where we can grow from a $100 billion enterprise to a $1 trillion enterprise to a $10 trillion enterprise,” Saylor stated in the documentary.
Saylor’s confidence in Bitcoin‘s future value is evident in his prediction that Bitcoin will reach a price of $13 million per coin by 2045. “My forecast for 2045 is 13 million a Bitcoin. I would think in the four to eight-year timeframe. Certainly, in 10 years, we should be at a million. So one million in 10 years, you know, 10X that or more in 20 years,” Saylor forecasts.
A Bold Prediction and a Mountain to Climb
Walton’s prediction that MicroStrategy could eventually surpass all publicly traded equities is certainly bold. Currently, MicroStrategy ranks as the 151st largest company globally, with a market capitalization of $117 billion. To achieve the top spot, MicroStrategy would need to surpass companies like Microsoft, whose market cap exceeds $3.3 trillion.
While the path to becoming the world’s largest company is a long and challenging one, the combination of MicroStrategy‘s Bitcoin strategy, aggressive fundraising, and CEO’s bullish outlook makes it an intriguing case to watch. The coming years will likely reveal whether MicroStrategy can truly become the dominant force in the global financial landscape.
