#SaylorBTCPurchase Michael Saylor, the executive chairman of MicroStrategy and a prominent Bitcoin supporter, has sparked controversy with his optimistic predictions about the future of cryptocurrency, recently stating that the price of Bitcoin could reach 21 million dollars by 2046.
These new predictions, announced by Saylor during the "BTC Prague 2025" event and in a post on the "X" platform (formerly Twitter), serve as an upward revision to his previous prediction, which pointed to 13 million dollars by 2045.
What supports Saylor's new predictions?
Saylor attributes his increasing optimism to several key factors:
🌟Geopolitical and Regulatory Developments: Saylor notes that the past eleven months have seen "extraordinary" developments that no one expected. Among these developments, he mentioned the adoption of Bitcoin by the White House and statements from political leaders about making the United States a superpower in Bitcoin, as well as the progress of supportive cryptocurrency regulatory bills in the United States.
🌟Scarcity and Integration: Saylor links the number 21 (21 million dollars in 21 years) to the maximum number of Bitcoin units that will be issued, which is 21 million coins. He believes that this programmed scarcity, along with increasing institutional and political adoption, will significantly drive the value of Bitcoin in the long term.
🌟Historical Performance and Growth: Despite volatility, Saylor remains confident in Bitcoin's ability to outperform traditional assets, citing its strong performance over the past decade.
Saylor emphasizes that the journey of Bitcoin towards this goal may be filled with volatility, but he expects these fluctuations to stabilize eventually, achieving a compound annual return of 21% in the long term 😇😇.
