Coin Edition
2024-12-23 10:10:00

MicroStrategy Risks Mount if BTC Slips: Michael Saylor Eyes Trillionaire Tag

Bitcoin will hit $420K and then $1 million five, claims Qiao Wang from Alliance DAO. Imran Khan and Wang also believe that this is the last Bitcoin cycle. If BTC hits $500K, Michael Saylor will become the world’s first trillionaire. Michael Saylor, the former CEO and current executive chairman of MicroStrategy—the largest corporate holder of Bitcoin (BTC)—is on track to become the world’s first trillionaire within four years if a new BTC cycle begins. Meanwhile, the leading digital asset struggles to maintain its path above $100,000. Qiao Wang and Imran Khan, partners at Alliance DAO, a leading Web3 accelerator and founder community, discussed Bitcoin and MicroStrategy on the Good Game Podcast . The entrepreneurs hope the cryptocurrency does not fall below $58,000 in the next four years because that figure marks MicroStrategy’s liquidation point. Alliance DAO partners said on the podcast that they hope that Bitcoin will not fall below 58,000 in the next four years. Because that is the liquidation price of MicroStrategy. If it does happen, it may trigger a crisis 100x bigger than Luna and FTX. The best case scenario is… — Wu Blockchain (@WuBlockc… The post MicroStrategy Risks Mount if BTC Slips: Michael Saylor Eyes Trillionaire Tag appeared first on Coin Edition .

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