# Bitcoin To Reach $500,000 According To Micheal Saylor

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Last modified: 2022-09-28

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By Ivy Heffernan · 2022-09-28
Tags: Headline News, Top Stories, Crypto, Bitcoin, Featured, 2022
Signed: no (published before platform launch).
Nothing in this article is investment advice.

As one of the consequences from the Biden administration warning, Bitcoin yet again fell below $20,000. The warning was from the US to Putin, agaisnt the usage of nuclear weapons in war with Ukraine.

A statement was made regarding the recent events - "We have to take these threats seriously, and we do. We've been monitoring, as best we can, his nuclear capabilities, I can tell you that we don't see any indication that we need to change our strategic deterrent posture at this point." However, [former NATO commander, Adm. James Stavridis](https://www.businessinsider.com/former-nato-commander-says-not-losing-sleep-putin-nuclear-threats-2022-9?utm_medium=referral&utm_source=yahoo.com), told [MSNBC](https://www.msnbc.com/morning-joe/watch/adm-james-stavridis-the-storm-clouds-are-rising-for-vladimir-putin-149114437727) that he was not concerned, saying that Putin was "upping the ante" but was unlikely to actually use nuclear weapons.

Regarding Bitcoin - Micheal Saylor is an American Entrepreneur, CEO of MicroStrategy, a $3.5 Billion Mobile / Intelligence company. He believes Bitcoin will surpass the price of Gold by 2032, reaching a price of $500,000, and market capitalization of $10 Trillion.

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