Bitcoin to Hit $21 Million by 2046 Says MicroStrategy Co-Founder

Michael Saylor, co-founder of MicroStrategy, made a bold prediction at the BTC Prague 2025 conference, forecasting that Bitcoin will reach $21 million in value by 2046. This prediction marks a significant increase from his previous forecast of $13 million by 2045, which he made at the Bitcoin 2024 conference in Nashville. Saylor's optimism is driven by recent geopolitical and regulatory developments that he believes were unforeseen a year ago. He highlighted the White House's embrace of Bitcoin as a notable development, stating that this level of support was not anticipated. Additionally, Saylor mentioned the growing acceptance of Bitcoin by various states in the United States, citing three crypto-related bills currently progressing through the legislative process: the stablecoin-focused Genius Act, the Digital Asset Market Clarity Act, and the Bitcoin Act.

Saylor's bullish stance on Bitcoin has been consistent, even during the cryptocurrency's plummet to $16,000 during the last crypto winter. He attributed the recent shift in political sentiment to Donald Trump's presidential victory, which he described as a "sea change in politics." This victory, according to Saylor, has positioned the United States as a potential "Bitcoin superpower of the world," further bolstering his confidence in the cryptocurrency's future. Saylor emphasized the special nature of the current network environment, stating, "I think we're going to be $21 million in 21 years. It's a very special time in the network."

MicroStrategy, the company founded by Saylor, has been aggressively accumulating Bitcoin, purchasing $1 billion worth of the cryptocurrency recently. As of June 15, 2025, the company holds 592,100 BTC. However, MicroStrategy has not disclosed the specific methods or locations where it stores its substantial Bitcoin holdings, citing security concerns. Saylor has also faced criticism for initially rejecting the concept of self-custody, which is a core principle in the Bitcoin community. He later reversed his stance, expressing support for self-custody for those who are willing and able to manage their own assets.

The BTC Prague event, which attracted over 5,000 visitors, including developers, Bitcoin enthusiasts, and newcomers, continued to emphasize the principles of self-custody. The event's main sponsor, Trezor, welcomed attendees who were deeply engaged with the future of Bitcoin and the concept of "be your own bank." This growing interest in self-custody reflects the community's commitment to the decentralized nature of Bitcoin. Saylor’s prediction underscores ongoing institutional interest and market confidence, though reactions from key opinion leaders and specific on-chain impacts remain limited. No direct real-time market shifts were observed following Saylor's statement. Bitcoin remained stable, showing consistency in market confidence without major volatility spikes. The prediction hints at potential institutional Bitcoin acquisitions, aligning with MicroStrategy's continued interest. Saylor's forecasts often influence institutional behaviors, with financial and market analysts closely watching market movements.

Saylor’s optimistic projections are reminiscent of past Bitcoin price predictions. Historical bullish calls have previously driven institutional purchases, significantly impacting market dynamics. Expert insights suggest that Saylor’s forecast could see institutional traction increase, yet emphasize the necessity for regulatory clarity and macroeconomic stability to realize such outcomes. Saylor did not provide detailed supporting statistics but cited a unique timeframe, stating, "I think we're going to be $21 million in 21 years. It's a very special time in the network."