The world's largest "Bitcoin whale": Bitcoin's market value will reach 100 trillion US dollars

The world's largest "Bitcoin whale": Bitcoin's market value will reach 100 trillion US dollars

Michael Saylor, CEO and founder of MicroStrategy, believes that Bitcoin is the dominant crypto asset network, while all other cryptocurrencies have a lot of risks and uncertainties. Saylor prefers to call Bitcoin a "digital property" or "crypto asset" rather than a cryptocurrency.
Saylor said in a webcast that Bitcoin has the highest Sharpe ratio (which measures the ratio of investment returns to risk) and the highest compound annual growth rate, adding that the world's most popular "digital property" mitigates the risks faced by large technology companies.
Saylor believes that Bitcoin will become a $100 trillion asset class that everyone needs; at the same time, the energy used by Bitcoin miners is highly sustainable.
Frank Holmes, CEO and chief investment officer of US. Global Investors, believes that both cryptocurrencies and gold may have a place. Holmes said MicroStrategy is a good "leverage proxy" for Bitcoin exposure.
Holmes believes that Saylor is consistent in his words and deeds, as MicroStrategy currently holds Bitcoin as a wealth reserve asset and issues bonds to invest in more Bitcoin. Holmes pointed out that gold should account for 10% of a diversified portfolio. Both Saylor and Holmes seem to believe that with interest rates at historically low levels, the US dollar will be in a bearish environment.

Last month, Saylor said MicroStrategy’s holdings of Bitcoin, the largest of any publicly traded company, boosted the company’s brand and shareholder value.

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