Michael Saylor: Bitcoin may appreciate at an annual rate of nearly 29% over the next twenty years.

According to a report from Jinse Finance, Strategy Executive Chairman Michael Saylor stated in a recent podcast interview that Bitcoin's recent price movement has been flat, which is a sign of strength rather than weakness. The market is currently in a consolidation phase, with long-term holders selling some of their holdings, while institutional investors are preparing for larger allocations. The decline in volatility is a very good sign. Looking ahead, Michael Saylor compares the rise of Bitcoin treasury companies to the early days of the petrochemical industry, where a variety of products, business models, and wealth emerged during a chaotic but transformative decade. He predicts that Bitcoin will appreciate at an average rate of nearly 29% per year over the next twenty years, driving the emergence of new credit and equity instruments.