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Yahoo
26-07-2025
- Business
- Yahoo
1 Top Cryptocurrency to Buy Before It Soars 17,400%, According to Michael Saylor
Key Points Billionaire Michael Saylor's software business started buying this leading digital asset in 2020. An updated price target implies a monster 27.9% compound annual growth rate during the next 21 years. Owning a scarce asset in a world of constant currency debasement seems like a prudent move. 10 stocks we like better than Bitcoin › The cryptocurrency market, now valued at about $4 trillion, is starting to once again win over investors. The industry is attracting capital and interest as the current presidential administration adopts a friendly stance toward digital assets. However, there's one cryptocurrency that continues to be a favorite among powerful and wealthy people. Just consider billionaire Michael Saylor's take. The tech entrepreneur has been extremely vocal about his bullishness toward Bitcoin (CRYPTO: BTC), even totally changing the operational blueprint of the business he co-founded, Strategy (formerly known as MicroStrategy). He thinks that the world's top cryptocurrency will soar 17,400% from its current price of $120,000 to about $21 million in 21 years. Raising the price target At the Bitcoin Conference in Nashville,Tennessee, in July 2024, Michael Saylor revealed to the world his price target for Bitcoin in 2045. The base-case scenario had the crypto getting to $13 million per unit in two decades. That view was supported by the belief that Bitcoin would bring in capital from other asset classes, like stocks, bonds, and real estate, representing more of the world's wealth over time. At the BTC Prague conference last month, Saylor upped his price target to $21 million by 2046. That figure represents a monster 175-fold gain from Bitcoin's current price of $120,000. And it translates to a jaw-dropping 27.9% compound annual growth rate. Saylor's original thesis from last year still holds true. However, he has become even more bullish thanks to some positive developments. For example, the U.S. embracing Bitcoin, with the planned creation of a Strategic Bitcoin Reserve, is something many probably didn't foresee. There's also the favorable regulatory environment, with the House of Representatives recently passing the Genius Act, Clarity Act, and the CBDC Anti-Surveillance State Act. Accumulating more Bitcoin over time The company Saylor co-founded sells enterprise software solutions. But the billionaire changed its course after the onset of the COVID-19 pandemic. In August 2020, Strategy bought Bitcoin for the first time for its own balance sheet. Saylor was concerned about the unprecedented level of growth happening with government debt and spending at the time, adopting the view that holding cash was a poor use of capital because it would constantly lose its purchasing power. Since then, the business has creatively raised capital in the equity and fixed-income markets to aggressively buy more Bitcoin. As of July 22, Strategy held 607,770 Bitcoin units, valued at almost $73 billion. This makes it by far the biggest corporate holder of Bitcoin on the planet. The iShares Bitcoin Trust, an exchange-traded fund (ETF), is the only entity that holds more of the cryptocurrency than Strategy. Saylor plans to continue buying as much Bitcoin as possible. The success of this strategy at boosting the company's market cap has influenced other businesses to follow a similar approach, creating more demand for Bitcoin. Bitcoin's scarcity is a valuable trait Bitcoin is a decentralized, purely digital network that transcends borders. It's the oldest cryptocurrency, and it carries the highest market cap by a long shot, at $2.4 trillion, or 60% of the sector's total value. Plus, it has a robust financial services ecosystem that supports its adoption. However, perhaps no characteristic is as important as Bitcoin's fixed supply cap of 21 million units. This limit is written in the network's software. And it's unlikely to be changed -- something that the majority of nodes must agree on, because it would undermine Bitcoin's value and probably decrease demand to own it. The U.S. government will continue to print money to fund huge fiscal deficits. This will lead to growing federal debt, resulting in persistent currency debasement. Whether Saylor's lofty price target becomes a reality is anyone's guess. But investors should seriously consider allocating even a small portion of their portfolios to Bitcoin. Do the experts think Bitcoin is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Bitcoin make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,040% vs. just 182% for the S&P — that is beating the market by 858.13%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,774!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,942!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Neil Patel has positions in iShares Bitcoin Trust. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy. 1 Top Cryptocurrency to Buy Before It Soars 17,400%, According to Michael Saylor was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Mail
18-07-2025
- Business
- Daily Mail
How Trump's groundbreaking crypto bill will affect Americans
Advertisement After a frantic back-and-forth over the nation's most significant crypto legislation to-date President Donald Trump got Republicans in line to pass a first-of-its-kind law. The House OK'd the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act and the The Digital Asset Market Clarity (CLARITY) Act on Thursday, both with bipartisan support. The GENIUS Act will create a regulatory framework for stablecoin payments. Stablecoins are cryptocurrencies that are backed 1:1 with an asset, like a U.S. dollar or European euro. The global stablecoin industry has exploded in recent years, reaching a total market size of roughly $250 billion, up from $130 billion just two years ago. The measure provides rules for stablecoin issuers, including mandates that require audits and that the firm can back the assets they give to customers. Stablecoins have become a major player in the world of digital finance, but, until now, the rules have been unclear. The GENIUS Act aims to bring more trust and stability to the industry, ensuring that companies behind these 'digital dollars' are held accountable for managing people's money safely and transparently. 'This piece of legislation is going to make America the crypto capital of the world, and that's what the president promised,' Press Secretary Karoline Leavitt said at Thursday's briefing. The 79-year-old president has been a loud advocate for the budding industry, he even spoke at the Bitcoin Conference 2024 and named an ' AI Czar,' David Sacks, to lead a White House team focused on the digital asset class. President Trump is expected to sign the GENIUS Act during a White House ceremony on Friday. These reforms are thought to improve trust in the stablecoin market. For example, Tether, an El Salvador-based crypto firm that is the largest stablecoin issuer globally, has been accused of not backing up its assets 1:1. The GENIUS Act would mean that stablecoins in U.S. markets need to show receipts. Last year the president co-founded his own digital asset company, World Liberty Financial, with his sons Donald Trump Jr., Eric and Barron. The firm is directly involved in various projects, and notably issues its own stablecoin called 'USD1,' according to the company's site. The CLARITY Act passed on Thursday is a market structure bill which aims to provide clear rules for crypto markets by giving oversight to the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Under Biden, crypto companies that were subject to SEC enforcement actions complained that former SEC Chair Gary Gensler did not create clear industry guidelines. The CLARITY Act will be taken up by the Senate later this year. In addition to the landmark crypto legislation, the president is also interested in cutting taxes for crypto. The White House indicated Thursday the president supports exempting small cryptocurrency purchases from taxes, aiming to make using cypto for everyday payments - like buying a cup of coffee - more practical. 'Of course, right now, that cannot happen, but with the de minimis exemption, perhaps it could in the future,' Leavitt said. Senator Cynthia Lummis (pictured) is leading an effort to pass a bill that would set a $300 threshold for untaxed crypto transactions, allowing purchases under $300, up to $5,000 per year, to be made without triggering taxes. The bill also aims to eliminate double taxation for crypto miners and stakers, provide equal tax treatment for digital assets compared with traditional investments, and clarify how lending digital assets is taxed.
Nikkei Asia
14-07-2025
- Business
- Nikkei Asia
Bitcoin soars as hopes rise for Trump's cryptocurrency vision
U.S. presidential candidate Donald Trump speaks in July 2024 at the Bitcoin Conference in Nashville, Tennessee, where he pledges to make America "the crypto capital of the planet and the bitcoin superpower of the world." © Reuters TAKANOBU AIMATSU TOKYO -- Bitcoin surged passed $120,000 for the first time on Monday, riding expectations that Congress will advance legislation that could realize President Donald Trump's vision of making the U.S. a cryptocurrency superpower. Bitcoin briefly reached the $123,000 range in the early hours of Monday. It dipped below $120,000 around midday before passing the mark again in the early afternoon, according to CoinMarketCap.
Business Wire
25-06-2025
- Business
- Business Wire
Nakamoto Holdings Appoints Andrew Creighton as Chief Commercial Officer to Lead Global Bitcoin Growth Strategy
NASHVILLE, Tenn.--(BUSINESS WIRE)--Nakamoto Holdings Inc. ('Nakamoto'), a Bitcoin-native holding company, which previously announced its anticipated merger with Kindly MD, Inc. (NASDAQ: NAKA) ('KindlyMD'), today announced the appointment of Andrew Creighton as Chief Commercial Officer. In this role, Andrew will lead Nakamoto's commercial strategy across global markets, including overseeing licensing, partnerships, capital formation, and regional expansion. Andrew is a seasoned operator with deep expertise in scaling international businesses, raising institutional capital, and securing transformational partnerships. He currently serves as Chief Commercial Officer of BTC Inc, publisher of Bitcoin Magazine and host of the annual Bitcoin Conference, where he has been instrumental in helping drive the company's global expansion. Previously, Andrew spent 17 years at VICE Media, where he became Global President. At VICE, he launched the first international edition of VICE in the UK, then founded VICE EMEA, ultimately growing VICE to 35 global markets and a $5.7 billion valuation. Andrew is also the founder of ADVICE, a consulting and investment firm that backs startups focused on human and planetary health. Additionally, he serves as a Patient Representative at NeuBio, a company focused on developing precision diagnostics and therapies for neurological diseases and serves as a board member of The Michael J. Fox Foundation for Parkinson's Research. 'Andrew is a visionary builder whose experience, strategic execution, and business discipline make him a perfect fit for Nakamoto,' said David Bailey, Founder and CEO of Nakamoto Holdings. 'Andrew has led ambitious international expansions and scaled companies through commercial partnerships. I am excited to leverage his expertise and network as we deploy our commercial strategy and grow Bitcoin's exposure in new markets.' Andrew added, 'Bitcoin will reshape the fabric of society across the globe. Governments, institutions and capital markets are recognizing Bitcoin's role in the future of finance. Nakamoto is at the tip of the spear, building the culture, market, and community that will realize this generational movement, and there's nowhere else I'd rather be.' About Nakamoto Nakamoto is a Bitcoin treasury company building a global portfolio of Bitcoin-native companies. Nakamoto plans to establish the first publicly traded conglomerate of Bitcoin companies by accumulating Bitcoin in its treasury and by leveraging its treasury to acquire and develop an ecosystem of Bitcoin companies across finance, media, advisory and more. The company aims to provide commercial and financial infrastructure for the next generation of capital markets. For more information, please visit Forward-Looking Statements All statements, other than statements of historical fact, included in this release that address activities, events or developments that Kindly MD or Nakamoto expects, believes or anticipates will or may occur in the future are forward-looking statements. Words such as 'estimate,' 'project,' 'predict,' 'believe,' 'expect,' 'anticipate,' 'potential,' 'create,' 'intend,' 'could,' 'would,' 'may,' 'plan,' 'will,' 'guidance,' 'look,' 'goal,' 'future,' 'build,' 'focus,' 'continue,' 'strive,' 'allow' or the negative of such terms or other variations thereof and words and terms of similar substance used in connection with any discussion of future plans, actions, or events identify forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. These forward-looking statements include, but are not limited to, statements regarding the proposed merger and related transactions, (collectively, the 'Transactions') the expected closing of the proposed Transactions and the timing thereof and as adjusted descriptions of the post-transaction company and its operations, strategies and plans, integration, debt levels and leverage ratio, capital expenditures, cash flows and anticipated uses thereof, synergies, opportunities and anticipated future performance, including the management team and board of directors of the combined company and expected use of proceeds from the Transactions, and any post-closing transactions contemplated between the combined company and BTC Inc (and/or UTXO, LLC through BTC Inc). Information adjusted for the proposed Transactions should not be considered a forecast of future results. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements included in this release. These include the risk that Kindly MD and Nakamoto businesses (which may include the businesses of BTC Inc and/or UTXO in the future, as applicable) will not be integrated successfully and the risk that Kindly MD or the applicable governing bodies of BTC Inc and/or UTXO may not pursue or approve the terms of an acquisition of BTC Inc and/or UTXO; the risk that cost savings, synergies and growth from the proposed transaction may not be fully realized or may take longer to realize than expected; the possibility that shareholders of Kindly MD may not approve the issuance of new shares of Kindly MD common stock in the Transactions or that shareholders of Kindly MD may not approve the Transactions; the risk that a condition to closing of the Transactions may not be satisfied, that either party may terminate the merger agreement, the subscription agreements of the convertible debt purchase agreement or that the closing of the Transactions might be delayed or not occur at all; potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the Transactions; the parties do not receive regulatory approval of the Transactions; the occurrence of any other event, change, or other circumstances that could give rise to the termination of the merger agreement relating to the Transactions; the risk that changes in Kindly MD's capital structure and governance could have adverse effects on the market value of its securities; the ability of Kindly MD and Nakamoto to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on Kindly MD and Nakamoto's operating results and business generally; the risk the Transactions could distract management from ongoing business operations or cause Kindly MD and/or Nakamoto to incur substantial costs; the risk that Kindly MD may be unable to reduce expenses or access financing or liquidity; the impact of any related economic downturn; the risk of changes in governmental regulations or enforcement practices; and other important factors that could cause actual results to differ materially from those projected. All such factors are difficult to predict and are beyond Kindly MD's and Nakamoto's control, including those detailed in Kindly MD's Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and such other documents of Kindly MD filed, or to be filed, with the SEC that are or will be available on Kindly MD's website at and on the website of the SEC at All forward-looking statements are based on assumptions that Kindly MD and Nakamoto believe to be reasonable but that may not prove to be accurate. Any forward-looking statement speaks only as of the date on which such statement is made, and neither Kindly MD or Nakamoto undertakes any obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.
Arabian Post
25-06-2025
- Business
- Arabian Post
Tether Targets Top Spot Among Bitcoin Miners
Tether chief executive Paolo Ardoino has pledged to catapult the company into the position of the world's leading Bitcoin miner by the end of 2025, asserting that crypto‑mining is key to safeguarding its $10 billion‑plus Bitcoin reserves. He outlined a sweeping strategy centred on large‑scale investment in mining and energy infrastructure across Latin America. Ardoino said Tether has already channelled upwards of $2 billion into mining and energy systems and is now accelerating deployment. While the company's precise hash‑rate remains confidential, executives emphasise that their investment reflects both scale and strategic intent. The mining push forms part of a broader financial architecture designed to secure the firm's Bitcoin holdings and further embed it within the Bitcoin ecosystem. The announcement emerged at the Bitcoin Conference in Las Vegas, where Ardoino noted Tether's robust earnings—reporting a $13 billion profit in 2024—and a sizeable portfolio of U.S. Treasuries. He revealed the firm holds more than 100,000 BTC and hinted that the mining operation will leverage renewable energy sources supporting its underlying reserves. ADVERTISEMENT Tether is concurrently preparing to open‑source its Bitcoin Mining Operating System, which the company says will democratise mining by enabling participants ranging from individual Raspberry Pi setups to large‑scale farms to connect into secure point‑to‑point networks. The move is intended to broaden participation, enhance resilience of the Bitcoin network, and solidify Tether's position as a leader in infrastructure innovation. Energy infrastructure forms a crucial part of Tether's strategy. Ardoino highlighted investments across Latin America in renewable energy projects, including substantial commitments in Uruguay and El Salvador, where Tether relocated its headquarters and backs geothermal initiatives through a project known as Volcano Energy. These investments reflect a dual focus: securing clean, reliable power for mining and contributing to regional energy resilience. The strategic rationale centres on mitigating the risks of holding large Bitcoin reserves. Mining, Ardoino explained, provides not only operational control but also reinforces financial sovereignty, anchoring assets within a secured blockchain‑based ecosystem. By internalising hash‑rate and power sources, Tether aims to shield its holdings from external dependency and volatility. Security considerations have informed the launch of MOS. As a decentralised architecture, the system allows devices to operate without reliance on central servers, reducing vulnerability to single‑point failures or third‑party disruptions. Looking ahead, Tether plans to integrate artificial‑intelligence tools into MOS to monitor performance and optimise operations in real time. Tether's move into open‑source mining software dovetails with its broader tech ambitions. Ardoino introduced QVAC, an AI platform that uses non‑custodial wallets, and unveiled plans for a Bitcoin‑centric wallet developed with Rumble. These projects underscore Tether's strategy to embed Bitcoin deeper into digital finance and expand its ecosystem services. Market observers note that Tether's mining ambition places it in direct competition with publicly traded mining firms. Although exact hashrate figures are absent, the scale of investment and reserve holdings suggest that surpassing existing miners is credible by late 2025. Tracking progress will require scrutiny of deployment timelines and performance metrics, which Tether has declined to specify. Financial analysts regard Tether's diversified asset approach—spanning Bitcoin, gold and U.S. Treasuries—as a deliberate hedge strategy. The large Bitcoin reserves, reportedly worth over $10 billion, alongside substantial gold and treasury holdings, underpin a multifaceted capital structure. By converting passive holdings into active mining assets, Tether aims to generate operational yield and enhance asset security. Critics of large‑scale corporate mining warn of environmental strains and centralisation risks. Tether's emphasis on renewable energy uptake and decentralised software architecture reflects an attempt to mitigate these concerns. If MOS and energy projects deliver as promised, the model may provide a template for sustainable, corporate-scale participation in Bitcoin mining. Next steps include the public release of MOS, scheduled for later in 2025, alongside scaling up of energy infrastructure across targeted Latin American sites. Close monitoring of mining output, energy efficiency, and systems performance will determine whether Tether's pledge translates into actual dominance in global Bitcoin mining.
