Michael Saylor, co-founder and Executive Chairman of MicroStrategy, predicts that Bitcoin will reach $100,000 by the end of 2024. Speaking on CNBC, Saylor stated he is planning a celebration for New Year's Eve, anticipating Bitcoin's price surge. Following the recent election of Donald Trump, touted as favorable for cryptocurrency, Saylor expressed high confidence in reaching this milestone. Bitcoin's current price hovers around $88,360 after peaking at $93,477 shortly before the interview. Saylor, whose company holds 279,420 Bitcoin, emphasized that Bitcoin is a long-term investment, positioning MicroStrategy as a proxy for Bitcoin exposure. With plans to raise $42 billion to continue acquiring Bitcoin, Saylor believes Trump's presidency will usher in more supportive regulatory measures for the crypto industry, which could drive Bitcoin's value significantly higher this year.

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