The first Bitcoin-related convertible security readily available to individual investors should begin trading on Friday.

Saylor's bull case gives Bitcoin a $49 million price target in 2045, putting its market cap at an astronomical $1 quadrillion. Even the bear case is very optimistic, with Bitcoin's price rising at an average annual pace of 18.4% and hitting $3 million in 20 years.

MicroStrategy continues its ambitious Bitcoin acquisition strategy with a $1.1 billion purchase of 10,107 BTC, bringing its total holdings to 471,107 BTC, while implementing new financing mechanisms to support future cryptocurrency investments.

MicroStrategy Incorporated (NASDAQ:MSTR) has been rated Buy by Compass Point Research, citing the stock as a leveraged opportunity tied to Bitcoins upward potential. Compass Point initiated coverage with a $550

As a result, Saylor predicts Bitcoin could soar to $13 million per coin by the year 2045, which would translate to an eye-popping 13,031% gain for investors who buy it at the current price of about $99,000. But how realistic is that target?

MicroStrategy co-founder Michael Saylor has hinted at another Bitcoin purchase scheduled for Jan. 27, following the company’s recent acquisition of 11,000 BTC on Jan. 21.

That all changed in 2020, when MicroStrategy's co-founder and then-CEO Michael Saylor directed it to buy 21,454 Bitcoin s (CRYPTO: BTC) for $250 million. It then accumulated more Bitcoin each year, and it held 450,000 Bitcoins as of Jan. 13.

Nasdaq-listed Nuvve is the latest company to announce a Bitcoin reserve: The green energy firm will allocate 30% of its cash to the asset.

MicroStrategy was born a software company, but at this point it's best known for its massive bitcoin holdings — and it may be changing its name to reflect as much.

MicroStrategy (NASDAQ: MSTR) has been one of the most unlikely winners in the software sector in recent years. The company has evolved from an enterprise analytics software company to primarily a Bitcoin (CRYPTO: BTC) treasury company,

MicroStrategy Inc. (MSTR) shares edged up 1% in pre-market trade on Wednesday after analysts at Mizuho initiated coverage for the Bitcoin (BTC) proxy with an ‘Outperform’ rating. According to TheFly,