Michael Saylor Raises Bitcoin Forecast to $13 Million: “I’m Increasingly Bullish”
MicroStrategy Executive Chairman Michael Saylor continues to reinforce his strong belief in the future of Bitcoin, predicting 30% annual growth over the next two decades as financial institutions flock to the market and regulation becomes clearer.
In a recent interview with CNBC on June 6, Michael Saylor, Executive Chairman of Strategy (MicroStrategy Nasdaq: MSTR), emphasized his extremely bullish view on Bitcoin. Not only did he maintain his previous bold prediction that Bitcoin could reach $13 million by 2045, but he also said he is “increasingly confident in that possibility.”
His forecast, originally made in July 2024 when Bitcoin was around $65,000, was based on the assumption that Bitcoin would grow by an average of 29% per year for 21 years. Now, with the price having surpassed $100,000, Saylor has raised his expectations to 30% per year.
“I would certainly be comfortable forecasting an average of 30% per year for the next 20 years,” Saylor said, underscoring his growing optimism.
Drivers: Regulation, Accounting, and Institutional Demand
Saylor points to macro and regulatory changes that have significantly bolstered his investment thesis for Bitcoin. In particular:
The classification of Bitcoin as a digital commodity asset by U.S. regulators;
The application of fair value accounting rules to businesses holding digital assets;
New regulations allow banks to provide Bitcoin custody services.
Saylor noted that these changes are triggering a new wave of institutional investment. He said:
“There are about 100 or more public companies that now hold Bitcoin on their balance sheets. And that number continues to grow every week.”
This, he said, is a clear sign of a major shift in global corporate treasury management strategies.
Supply is tightening
Another important point Saylor mentioned was the limited supply of Bitcoin. After the recent halving, only about 450 new BTC are being mined each day, which is worth about $45–50 million at current prices. He said that all of this supply is being rapidly absorbed by large institutions, including ETFs and financial conglomerates.
“There is no supply to distribute more ETFs, funds and corporations are scooping it all up.”
Outperforming All Assets
Saylor also highlighted Bitcoin’s 57% compound annual return over the past four and a half years, a figure that he said far outpaced all traditional asset classes:
Double that of the Magnificent Seven,
Four times that of the S&P 500,
Eight times the return of the average real estate,
While bonds recorded a 4% decline.
Conclusion: Bitcoin Will Be a Core Global Asset
From Saylor’s perspective, Bitcoin is no longer an alternative asset but is becoming the centerpiece of the new financial system. With its absolute scarcity, widespread acceptance, and superior investment performance, he believes Bitcoin will continue to be the top choice for institutional investors for decades to come.
Michael Saylor, once known as the “King of Bitcoin” on Wall Street, now owns hundreds of thousands of BTC through his company. And he has no plans to stop.