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      Saylor: Bitcoin Has Bottomed and Entered a Bull Market, Will Return Above $100,000

      PANews, October 14 — According to Bloomberg, Strategy co-founder and Executive Chairman Michael Saylor said in an interview with Bloomberg Television that Bitcoin is at the start of a bull market, "it will definitely return above $100,000." Saylor said Bitcoin previously bottomed just below $60,000 and is now heading above $80,000, with a long-term forecast of 20% to 30% annual growth for Bitcoin over the coming years. He also said Strategy is expected to increase its Bitcoin holdings during the bull market and issue more credit-type securities to fund purchases. In addition, MSCI is considering adjusting its index rules and may remove Strategy from its global equity benchmark index, with a decision expected to be announced this Friday. Saylor said MSCI's current stance is disappointing and hopes it will reconsider.


      Source: PANews
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