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Michael Saylor Introduces Bitcoin24, a New Tool to Predict BTC Growth Over the Next 21 Years

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Release: 2024-09-01 00:08:14
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Michael Saylor, a well-known supporter of Bitcoin and former CEO of MicroStrategy, has introduced a new tool called Bitcoin24. This open-source model predicts Bitcoin's growth and adoption over the next 21 years.

Michael Saylor Introduces Bitcoin24, a New Tool to Predict BTC Growth Over the Next 21 Years

Michael Saylor, a well-known Bitcoin advocate and former CEO of MicroStrategy, has recently introduced a new tool called Bitcoin24. This open-source model aims to predict the growth and adoption of Bitcoin over the next 21 years. Additionally, it includes smaller models to help individuals, companies, institutions, and even countries plan their Bitcoin strategies.

The goal of Bitcoin24 is to provide a clear and accessible forecast of Bitcoin's potential as a major financial asset. It aims to help people understand how Bitcoin could increase in value and how they can optimally utilize it to their advantage.

"Bitcoin24 is designed to show everyone — from regular people to big organisations — how to make the most of Bitcoin,” said Saylor. “This tool gives a glimpse into the future of Bitcoin and helps prepare for it.

Bitcoin24 is an open-source macro model forecasting asset growth and #Bitcoin adoption over the next 21 years, along with micro models to evaluate various Bitcoin strategies for individuals, corporations, institutions, and nation-states.https://t.co/t3CAfJ9lX8

This initiative by Saylor comes at a time when more people are recognizing Bitcoin as a valuable asset and a hedge against inflation. By making Bitcoin24 open-source, he encourages collaboration and transparency, inviting others to contribute to and improve the model.

With Bitcoin24, Michael Saylor continues to lead the effort to advance Bitcoin, offering a roadmap for its future and facilitating its integration into the world's financial landscape.

Here are some additional details about the Bitcoin24 model, along with more in-depth walkthrough videos that are available on GitHub:

Microstrategy, Bitcoin, & Profit

MicroStrategy holds a significant amount of Bitcoin, with a total of 226,500 BTC. The company has invested approximately $8.5 billion in these holdings, at an average purchase price of $36,821 per Bitcoin.

At the current Bitcoin trade prices, which stand at around $58,167, MicroStrategy's Bitcoin investment has appreciated substantially, generating an unrealized profit. According to these figures, the company's Bitcoin holdings are now valued at roughly $14.7 billion.

This strategic investment, spearheaded by Saylor, reflects MicroStrategy's strong conviction in Bitcoin as a store of value and a hedge against inflation, amidst the fluctuating market conditions.

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