Chris Larsen covers recent crypto developments: a potential executive order making bitcoin a U.S. reserve asset, a reported $20 billion bitcoin purchase plan for 2025, BlackRock's recommendation for 1-2% portfolio allocation to bitcoin, and Michael Saylor's valuation models projecting $13 million per coin long-term.
$20 billion
1 to 2% of a portfolio
$13 million per bitcoin (over the next 20 years)
$250,000 to $1,000,000
Trump could potentially sign executive order making bitcoin a US reserve asset and would purchase $20 billion of bitcoin in 2025. BlackRock just released a report sizing Bitcoin and portfolios, recommending a 1 to 2% allocation in Bitcoin. Michael Saylor, who is the CEO of MicroStrategy, is super bullish on bitcoin. His base model estimates bitcoin to be $13 million a coin that's over the next 20 years. If we look at Bitcoin versus gold, as I was just touching on bitcoin, valuation is like $500,000. He developed what's called the stock to flow model, and he estimates that bitcoin in the short term is going to hit between a quarter million and a million dollars in value. I don't want to hype bitcoin up too much, but I think it's certainly an asset that we should watch over the next several years. Here.
“Grit is Good” and How to Keep Getting up When Your Business Gets you Down
