Key Takeaways
- Michael Saylor has raised his Bitcoin price prediction to $21 million by 2046.
- Recent geopolitical and regulatory changes, including the White House's endorsement and new US bitcoin legislation, fueled Saylor's bullish outlook.
- Strategy (formerly MicroStrategy) continues to accumulate bitcoin, now holding 592,100 BTC as of June 2025.
Michael Saylor, founder of Strategy (formerly MicroStrategy), has significantly increased his long-term Bitcoin price forecast, predicting at BTC Prague 2025 that Bitcoin could reach $21 million in 21 years.
This new target marks a major jump from his previous estimate of $13 million by 2045.
Saylor told the audience:
“I think we’re going to be $21 million in 21 years. It’s a very special time in the network. Maybe the one time in the history of the network where you look out 21 years and you see $21 million.”
Geopolitical and regulatory shifts
Saylor attributed his heightened bullishness to recent, unexpected geopolitical and regulatory changes.
He highlighted the White House’s embrace of Bitcoin and Donald Trump’s presidential victory as pivotal moments.
Saylor stated:
“We didn’t think that the president would say America would be the Bitcoin superpower of the world. This is an amazing development.”
He also referenced three major bitcoin-related bills advancing in the United States, including the Bitcoin Act, and noted growing adoption by individual states.
Strategy’s bitcoin holdings
Strategy has continued its aggressive bitcoin accumulation, recently purchasing $1 billion worth and now holding 592,100 BTC as of June 15, 2025.
The company has not disclosed specific details on storage, and Saylor has rejected the idea of publishing proof-of-reserves due to security concerns. For more on Strategy’s bitcoin holdings, see the company’s historical data.
Saylor’s evolving position on self-custody, after previous criticism, now supports it for those “willing and able.”
The concept saw strong interest at BTC Prague, with Trezor welcoming over 5,000 attendees eager to discuss self-custody and open-source tools.
