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MarioNawfal
Jun 14, 2024

Bernstein analysts forecast Bitcoin could hit $1 million by 2033, driven by rising demand from Bitcoin ETFs and limited supply.

MicroStrategy, holding 1.1% of the global supply, leads corporate Bitcoin investments with a $500M convertible notes offering to buy more BTC.

"MicroStrategy’s approach to long-term convertible debt allows it to capitalize on Bitcoin’s potential appreciation with minimal risk."

BTC's price target is raised to $90,000 this year.

Source: Crypto Briefing