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Michael Saylor: Bitcoin Could Hit $1 Million If Wall Street Allocation Reaches 10%

  • Michael Saylor believes Bitcoin could reach $1 million if Wall Street allocates 10% towards it.
  • He mentioned that even a 5% Wall Street allocation would only represent a small portion of Bitcoin's market value.
  • Saylor highlighted the wealth redistribution impact of Bitcoin's rise, mentioning that it benefits everyone holding BTC.
  • He explained that Bitcoin's resistance to hostile takeovers and unique characteristics could lead to a $1 million price target once institutional adoption reaches 10%.

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