Michael Saylor predicts Bitcoin journey from $100K to $13M per coin
MicroStrategy Chairman doubles down on bold Bitcoin forecast
Michael Saylor has reaffirmed his long-term prediction that Bitcoin will soar to $13 million per coin.
Speaking on Tom Bilyeu’s Impact Theory, Saylor outlined his forecast, which is grounded in the "Bitcoin24" model — a projection based on a 20% annual growth rate over 21 years, according to Cryptopolitan.
At the time of his initial prediction, Bitcoin was trading at $65,000. It has since climbed to $104,000, yet Saylor’s $13M price target remains unchanged.
His analysis draws on Bitcoin’s historical performance, where it has averaged a 60% annual increase and a 29% return over the long term.
Global Adoption and Wealth Inflows as Catalysts
Saylor’s central argument is that broader adoption by high-net-worth individuals and global financial institutions will push Bitcoin to new heights. “The thing driving it from $100,000 to $13 million over the next 21 years is the adoption of it as a capital asset by people that have the wealth,” Saylor said.
MicroStrategy’s buying spree reflects this belief. From December 9 to December 15, the firm acquired 15,350 Bitcoins for $1.5 billion at an average price of $100,386. This purchase brought MicroStrategy’s total holdings to 439,000 BTC, valued at over $45 billion. The firm’s total Bitcoin investment now stands at $27.1 billion.
Saylor also highlighted the potential for U.S. states, such as Texas, to establish strategic Bitcoin reserves. He suggested that national adoption, particularly during a potential Donald Trump administration, could further accelerate Bitcoin’s rise.
“What’s going on right now is the emergence of Bitcoin as the digital capital network for the world,” Saylor remarked, emphasizing the U.S.'s opportunity to lead the global financial shift.
MicroStrategy’s stock price has surged 490% year-to-date, outpacing Bitcoin’s own 150% growth, a sign that investors may be placing their bets on Saylor’s unwavering conviction.
Under the leadership of co-founder Michael Saylor, MicroStrategy has amassed one of the largest Bitcoin reserves among public companies. This bold strategy led to a 465% surge in its stock price in 2024, driven by Bitcoin’s growth and investor confidence.
