[Michael Saylor: Bitcoin May Appreciate at an Average Annual Rate of Nearly 29% Over the Next 20 Years] According to CoinDesk, Michael Saylor, Executive Chairman of MicroStrategy, stated in a recent podcast interview that Bitcoin's recent price movement has been flat, which he sees as a sign of strength rather than weakness. He noted that the market is currently in a consolidation phase, with long-term holders selling part of their positions while institutional investors are preparing for larger allocations. The decline in volatility is a very positive sign. Looking ahead, Michael Saylor compared the rise of Bitcoin treasury companies to the early days of the petrochemical industry. During a chaotic but transformative decade, various products, business models, and wealth emerged. He predicts that Bitcoin will appreciate at an average annual rate of nearly 29% over the next 20 years, driving the emergence of new credit and equity instruments.