Not afraid of the big drop in BTC? Microstrategy: It's never too late to buy, and it's expected to reach 13 million in 10 years.

Not afraid of BTC’s sharp decline?

After experiencing a crazy surge in early November, the price of BTC ($BTC) saw a significant pullback this week. According to CoinGecko data, BTC plummeted from a high of $98,567 on Monday (November 25) and fell below $91,000 yesterday, reaching $92,701 at the time of writing, with significant Fluctuation.

Image source: CoinGecko BTC price chart

Despite the market reversal this week that has led many investors to consider taking profits, causing a subtle shift in market sentiment, as a firm believer in Bitcoin, MicroStrategy founder Michael Saylor once again speaks out for BTC.

MicroStrategy CEO: It’s never too late to buy now

During the Tuesday (November 26th) downturn, Michael Saylor emphasized on social platform X that “buying BTC is never too late”, and MicroStrategy once again demonstrated its trust in BTC through action. The company announced on November 25th that it had purchased about 55,500 BTC at an average price of approximately $97,862 per BTC, with a total value of about $5.4 billion, setting a record for the largest single BTC purchase in the company’s history.

Image source: X Michael Saylor’s tweet

This is MicroStrategy’s second large-scale BTC investment this year. The last major purchase was in early November, when the company acquired a batch of BTC for $4.6 billion. As of now, it has accumulated approximately 386,700 BTC, with a market capitalization of approximately $21.9 billion.

Michael Saylor has repeatedly emphasized that BTC is not only an anti-inflation asset, but also the cornerstone of the future financial system. He previously predicted that the price of BTC may reach $13 million in the next decade, gradually capturing a portion of the Market Cap of gold, becoming a more efficient store of value tool.

Image source: X Samson Mow’s tweet

BTC supporters such as Samson Mow, founder of XPRIZE Foundation Peter H. Diamandis, and Natalie Brunell, host of BTC Podcast program Coin Stories, all support his view that, for long-term investors, this downturn may be a good opportunity to enter the market.

With the strong support of industry leaders like Michael Saylor and large-scale deployments, more and more investors believe that BTC is not just a speculative tool, but also an important component of asset allocation for new era enterprises and individuals. If global adoption continues to rise, the value of BTC in the next 10 years may far exceed current expectations.

【Disclaimer】The market is risky, and investment should be cautious. Analyst views are for reference only. Users should refer to more diverse indicators to judge whether to invest, and consider whether any opinions, views, or conclusions in this article are suitable for their specific situation. Investing based on this is at your own risk.

‘Not afraid of BTC falling? MicroStrategy: It’s never too late to buy now, looking at 13 million in 10 years’ This article was first published in ‘encryption city’