Strategy executive chairman Michael Saylor said Bitcoin’s bear market is over and predicted the cryptocurrency will clearly move back above $100,000 into six-figure territory. Bitcoin was trading around $83,000 after bottoming slightly below $60,000 and recovering into the $80,000 range, but remained about 30% below its record high of $126,251 reached in October last year. Saylor said Strategy plans to expand Bitcoin purchases and securities issuance as the market improves, while using sales of Bitcoin and common stock and repurchases of preferred shares to strengthen liquidity and reduce leverage pressure. He forecast average annual Bitcoin growth of 20% to 30% over the next several years. Strategy holds about 848,000 Bitcoin and recorded a $21 billion gain on its digital assets in the third quarter. MSCI is reviewing whether to exclude companies primarily engaged in asset accumulation from global equity indexes, a change that could remove Strategy and affect as much as $2.8 billion in funds. MSCI is scheduled to announce its decision on Friday.