Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), has reinforced his bullish stance on Bitcoin during a recent appearance on CNBC’s Squawk Box. He projected that Bitcoin could skyrocket to $13 million per coin by 2045, marking a 12,328% increase from current prices.
Key Drivers Behind Saylor’s Prediction
1. Supply Scarcity and Institutional Demand
Saylor emphasized Bitcoin’s fixed supply cap of 21 million coins, with only 450 new BTC mined daily—most of which are absorbed by ETFs and corporate treasuries. This scarcity, coupled with rising institutional interest, fuels long-term price appreciation.
2. Corporate and ETF Adoption
- 100+ public companies now hold Bitcoin on their balance sheets.
- Spot Bitcoin ETFs manage over $122 billion in assets, accelerating mainstream investment.
- Strategy plans to raise $1 billion via preferred stock to expand its BTC holdings.
3. Regulatory Tailwinds
Clearer regulations worldwide are removing barriers for institutional participation, further boosting confidence in Bitcoin’s legitimacy.
Metaplanet Joins the Bitcoin Boom
Japan’s Metaplanet announced plans to raise $5.4 billion to purchase 210,000 BTC by 2027, mirroring Strategy’s aggressive accumulation strategy.
👉 Explore how institutional adoption is reshaping Bitcoin’s future
Bitcoin’s Current Market Dynamics
- Exchange reserves at a 7-year low, signaling strong long-term holding by institutions.
- Despite short-term volatility, Saylor views sub-$105,000 prices as a buying opportunity.
FAQ Section
Q1: How realistic is Saylor’s $13M Bitcoin prediction?
A1: While ambitious, his forecast hinges on Bitcoin’s scarcity and compounding institutional demand. Historical growth (40% annually) supports this trajectory, though external factors like regulation could influence outcomes.
Q2: Why are companies like Strategy hoarding Bitcoin?
A2: Corporations view BTC as a hedge against inflation and a store of value superior to traditional assets. Strategy’s $1 billion fundraising underscores this conviction.
Q3: What role do ETFs play in Bitcoin’s price?
A3: ETFs simplify institutional access, creating constant buy-side pressure. The $122B AUM in BTC ETFs demonstrates robust demand.
👉 Discover the latest trends in Bitcoin investment strategies
Final Note
Saylor’s optimism reflects Bitcoin’s evolving role as digital gold. With supply constraints and growing adoption, his $13M target—though decades away—highlights Bitcoin’s potential as a transformative asset class.