Despite the price of Bitcoin (CRYPTO: BTC) struggling to stay above $60,000 these days, many top investors remain confident that the world's most popular cryptocurrency will eventually reach a price of $1 million or higher. In fact, at last month's Bitcoin 2024 conference in Nashville, Tennessee,  (NASDAQ: MSTR) Executive Chairman Michael Saylor predicted that Bitcoin could hit a price of $13 million by the year 2045.

At current prices, that would represent an eye-popping gain of more than 20,000%. Against this backdrop, it's perhaps not surprising that billionaires -- including some who were once longtime crypto skeptics -- are now lining up to buy more Bitcoin. But the opportunity for huge returns is not their only incentive.

Who wouldn't want to buy a digital asset that could soar in value by 20,000% during the next decade or two?

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Source Fool.com