Bitcoin Mirrors Petrochemicals' Rise, Saylor Foresees 29% Annual Growth

Bitcoin is entering a consolidation phase as early adopters reduce holdings and institutional investors prepare for larger allocations, according to Michael Saylor, Executive Chairman of Strategy (MSTR). Speaking on the Coin Stories podcast, Saylor emphasized that Bitcoin’s recent sideways price action reflects a natural maturation process, with volatility decreasing as long-term holders—often referred to as “OG” sellers—liquidate portions of their stacks to fund real-world expenses. This trend, he argued, mirrors employees of high-growth startups selling stock options to meet financial needs, signaling a shift toward mainstream adoption rather than a loss of faith in the asset Michael Saylor: Bitcoin Is Building a Base as 'OG' Sellers Exit and Big Money Preps^[1].

Saylor dismissed concerns about Bitcoin’s lack of cash flows, comparing it to traditional stores of value like gold and land, which also generate no income. He positioned this as a feature rather than a flaw, stating, “The perfect money has no cash flows.” This perspective aligns with Strategy’s broader strategy to reengineer credit markets using Bitcoin as collateral. The firm has launched a suite of preferred-stock products—Strike, Strife, Stride, and Stretch—designed to offer investors yields of up to 12% while being overcollateralized with Bitcoin. Saylor framed these instruments as a way to imbue Bitcoin with “cash-flow-like qualities,” enabling it to integrate into credit and equity indices and attract institutional capital Michael Saylor: Bitcoin Is Building a Base as 'OG' Sellers Exit and Big Money Preps^[1].

A key focus of the discussion was the potential inclusion of Strategy in the S&P 500. Saylor noted that the firm became eligible for inclusion in 2025 after changes to accounting rules allowed it to report Bitcoin holdings at fair value. While he acknowledged the S&P 500 committee’s discretion in selection, he predicted eventual inclusion as the market becomes more comfortable with Bitcoin treasury models. This optimism is supported by Strategy’s recent financial performance: in Q2 2025, it reported $14 billion in operating income and $10 billion in net income, driven by Bitcoin’s price surge to $107,000. However, analysts remain divided on the likelihood of inclusion, with some arguing that the company’s Bitcoin-centric business model resembles a closed-end fund, which the S&P 500 typically excludes Why Bitcoin Treasury Gaining Popularity in Asia? Explained^[4].

Saylor also drew parallels between the rise of Bitcoin treasury companies and the early days of the petrochemical industry, predicting that Bitcoin will appreciate at an average rate of 29% annually over the next two decades. This growth, he argued, will fuel new credit and equity instruments, transforming Bitcoin from a speculative asset into a foundational element of global finance. He cited the rapid expansion of corporate Bitcoin holdings, with publicly traded companies now holding nearly 1 million BTC, as evidence of a broader shift. Notably, 28 new companies added 140,600 BTC to their treasuries in July–August 2025, signaling accelerating adoption .

Looking ahead, Saylor emphasized the role of Bitcoin in addressing societal divisions, describing it as a “peaceful, fair, and equitable way” to resolve conflicts. He attributed much of today’s online toxicity to bot-driven campaigns rather than genuine discontent, framing Bitcoin’s adoption as a catalyst for broader social and economic harmony. This vision aligns with the growing institutional and corporate embrace of Bitcoin, particularly in Asia, where companies are leveraging the asset for inflation hedging, diversification, and strategic financial positioning .