Michael Saylor’s Bitcoin Predictions
Michael Saylor, the founder of Bitcoin Bull and Strategy, has recently increased his long-term valuation of Bitcoin amid evolving trends in both geopolitical dynamics and cryptocurrency adoption.
During a keynote speech at the BTC Prague 2025 event on Saturday, Saylor forecasted that the price of Bitcoin could soar to $21 million over the next 21 years.
“I think it’s going to reach $21 million. This is a very special time for this network. In the history of the network, you’ll see $21 million in 21 years,” Saylor remarked.
This optimistic outlook represents a significant shift from his previous forecast made at the Bitcoin 2024 conference, where he anticipated Bitcoin might hit $13 million by 2045.
A Surprising Adoption Surge
Saylor discussed his renewed confidence in the Bitcoin market, citing numerous geopolitical, regulatory, and adoption developments.
“What has unfolded in the last 11 months has been remarkable. The White House has embraced Bitcoin, which is frankly quite extraordinary. We didn’t see that coming,” he commented.
He emphasized his longstanding bullish stance on Bitcoin, even during its downturn to $16,000 in the so-called crypto winter. However, he noted that Donald Trump’s presidential victory in November “has brought about a significant shift in political tides.”
“We thought we might have a pro-Bitcoin president, but we never expected a strategic Bitcoin reserve. We certainly didn’t think the president would declare America as the world’s Bitcoin superpower. This is an incredible twist,” Saylor added.
Additionally, he highlighted ongoing legislative movements regarding cryptocurrency in the U.S., mentioning three crypto-related bills, including the Genius Act focused on stablecoins, the Digital Asset Markets Clear Act, and the Bitcoin Act.
“This is something that nobody envisioned, even just a year ago. States across the U.S. are now accepting Bitcoin,” Saylor said.
Saylor’s BTC Holdings
Now, Saylor’s bullish predictions are paralleled by his strategic accumulation of Bitcoin. He recently purchased $1 billion worth of BTC, amassing a total of 592,100 BTC as of June 15, 2025. However, he has chosen not to disclose how and where the company’s Bitcoins are held.
Previously, Saylor had been criticized for his reluctance to trust third parties, aligning with a core principle of the Bitcoin community. He also resisted the idea of self-custody, or personal asset management.
After facing backlash from the community suggesting that Bitcoin holders should trust their assets to banks, Saylor changed his viewpoint on self-custody in October 2024, declaring support for it because he was “ambitious and capable.”
Meanwhile, the theme of independence is gaining traction at the BTC Prague event, indicating a rising interest in the notion of becoming “your own bank.”
“BTC Prague continues to draw in crowds passionate about Bitcoin, with most participants heavily engaged in its future,” noted Danny Sanders, the chief commercial officer of hardware wallet company Tresol.
Sanders mentioned that Trezor, the main sponsor of BTC Prague, welcomed over 5,000 attendees, comprising a diverse mix of developers, Bitcoin enthusiasts, and newcomers, all keen on open-source tools and the principle of self-custody.
