Bitcoin News Today: Bitcoin's $21M Dream: Saylor's Bold Bet on a Tokenized Future

Michael Saylor, co-founder and executive chairman of Strategy (formerly MicroStrategy), has recently solidified his status as one of the world's top cryptocurrency investors, with his net worth surging by over $1 billion. This rise coincides with his continued bullish stance on Bitcoin. Saylor has consistently predicted significant price appreciation for Bitcoin, most recently adjusting his forecast to a staggering $21 million per coin by 2045. If realized, this would represent an 18,800% return on investment over the next two decades. Such a valuation would place Bitcoin's market capitalization at an unprecedented $441 trillion, far exceeding the combined market value of all 500 companies in the S&P 500, as well as the global GDP [1].

Saylor’s rationale for these projections is rooted in his belief that Bitcoin could serve as a foundational element in the tokenization of global assets. He argues that the decentralized and secure nature of Bitcoin makes it ideal as a reserve asset for tokenized real estate and other tangible assets on the blockchain. This process, according to Saylor, could enhance transparency and reduce inefficiencies in markets lacking centralized registers, such as the U.S. real estate sector. However, this vision faces considerable challenges, particularly in gaining widespread governmental and regulatory approval. Saylor believes the U.S., under a pro-crypto administration, could lead the way in facilitating such a transition, but the feasibility of global adoption remains a significant question [1].

Critics have raised concerns about the practicality of Saylor’s target. A $21 million price tag for a single Bitcoin would imply a fully diluted market capitalization of $441 trillion—far exceeding the market valuation of the world's largest companies and even the annual output of the global economy. Such a valuation would render Bitcoin the most valuable asset in existence. However, the lack of widespread adoption as a payment method and the speculative nature of the asset pose challenges. Even if Saylor’s projections remain unmet, a more realistic target—such as matching the market value of gold—could still represent substantial gains for investors [1].

The broader cryptocurrency ecosystem has seen notable developments, including the inclusion of Robinhood Markets in the S&P 500. Robinhood, a digital asset-focused brokerage, joined the index on September 22, reflecting the growing influence of companies operating within the crypto space. The move follows similar inclusions of Coinbase and Block, Inc., the latter being the company formerly known as Twitter, led by Jack Dorsey. This trend signals a shift in institutional investor sentiment toward cryptocurrencies and related businesses. However, Strategy, despite its $95 billion market capitalization, was excluded from the S&P 500, disappointing some investors. Bloomberg analyst Eric Balchunas attributed the decision to the discretion of the S&P’s Index Committee, which he described as functioning like an “active fund run by a secret committee” rather than a purely rules-based process [2].

The decision to exclude Strategy from the S&P 500 highlights the complexities and potential subjectivity in index inclusion criteria. While the company met the standard requirements for market capitalization and liquidity, it was ultimately rejected, raising questions about the transparency of the selection process. The outcome has led to speculation about the influence of external factors, including the political climate and broader market dynamics. Despite this setback, Strategy’s stock price remained resilient, and the company continues to maintain a significant Bitcoin portfolio, which remains a key driver of its value [3].

The cryptocurrency market as a whole is experiencing heightened institutional interest, driven by both regulatory clarity and macroeconomic factors. Recent data shows growing inflows into crypto-based exchange-traded funds, alongside rising prices for Bitcoin and Ethereum. These trends are supported by increasing acceptance of digital assets among major financial institutions and a more favorable political environment in several jurisdictions. Nonetheless, the market remains highly speculative, and investors are urged to approach long-term price predictions with caution. While Saylor’s vision of a blockchain-driven financial system may yet materialize, its realization will depend on overcoming significant regulatory, technical, and economic hurdles [1].

Source: [1] 1 Unstoppable Cryptocurrency to Buy Before It Soars ... (https://www.fool.com/investing/2025/09/06/1-cryptocurrency-buy-soars-18800-michael-saylor/) [2] Robinhood Set to Join S&P 500 as Bitcoin Giant Strategy ... (https://finance.yahoo.com/news/robinhood-set-join-p-500-212855353.html) [3] Michael Saylor's MicroStrategy misses S&P 500, Robinhood ... (https://finance.yahoo.com/news/michael-saylor-microstrategy-misses-p-002101210.html) [4] Expert Blames 'Secret Committee' for Rejecting MSTR ... (https://coingape.com/expert-blames-secret-committee-for-rejecting-mstr-stock-inclusion-to-sp-500/)