Bitcoin News Today: MicroStrategy CEO Saylor Predicts $10 Million Bitcoin Price from Supply Cap and Institutional Demand

MicroStrategy’s co-founder and CEO Michael Saylor has once again made waves with a bold forecast that Bitcoin could reach $10 million per coin. His prediction, rooted in the cryptocurrency’s fixed supply and surging institutional adoption, has reignited discussions around Bitcoin’s long-term value and its potential as a global financial asset.

Saylor outlined a trajectory where Bitcoin’s market capitalization could grow from approximately $2 trillion today to $200 trillion, implying a price of roughly $10 million per coin, given the 21 million supply cap [1]. This vision is supported by a series of incremental milestones, including widespread consumer access to Bitcoin via major banking apps and institutional endorsement akin to that of traditional stocks. He emphasized that these developments would drive demand and push the price into the multi-million-dollar range [1].

MicroStrategy’s own investment in Bitcoin serves as a testament to Saylor’s conviction. As of July 2025, the company has amassed 628,800 BTC, valued at approximately $72 billion at current prices [2]. Saylor has stated that the company could eventually aim to own 3% to 7% of the total Bitcoin supply—roughly 1.5 million coins—further reinforcing his belief in the digital asset’s strategic role in corporate treasury management [3].

Saylor has also stressed that his price target is not based on speculative hype but on concrete assumptions, including the 21 million supply ceiling and the increasing demand from global markets. He has engaged with U.S. regulators and Congress on cryptocurrency policy and continues to advocate for Bitcoin as a top-tier asset class [1]. His approach of purchasing Bitcoin at every price point—regardless of market conditions—has been a defining feature of MicroStrategy’s investment strategy.

While Saylor’s $10 million target is ambitious, it is not isolated in the broader crypto market analysis. Other forecasts, such as those from Wallet Investor, predict more modest price increases of $103,675 within a year and $196,072 in five years [5]. These projections reflect a growing consensus that institutional adoption and regulatory clarity could significantly boost Bitcoin’s value.

However, not all perspectives are aligned. Critics, such as Peter Schiff, remain skeptical of Bitcoin’s long-term viability and have challenged Saylor’s investment strategy [6]. The debate underscores the inherent volatility and uncertainty in the crypto space, where forecasts often diverge from actual outcomes.

Despite the skepticism, Saylor’s continued advocacy and MicroStrategy’s aggressive accumulation of Bitcoin have made him a central figure in the digital asset conversation. His $10 million price target, while speculative, highlights the potential for extreme price appreciation in a market still in its formative stages. As such, investors are reminded to differentiate between forecasts and actual market performance when evaluating the future of Bitcoin [1].

Source:

[1] Zycrypto. (2025). Michael Saylor: “Bitcoin Could Hit $10 Million — Here’s How”. https://zycrypto.com/michael-saylor-bitcoin-could-hit-10-million-heres-how/

[2] TheCryptobasic. (2025, August 4). Crypto VC Funding Soars Past $5B in July 2025, Led by. https://thecryptobasic.com/2025/08/04/crypto-vc-funding-soars-past-5b-in-july-2025-led-by-strategys-bitcoin-push/

[3] AMBCrypto. (2025, August 2). Strategy owning 3–7% of Bitcoin supply is not too much. https://ambcrypto.com/strategy-owning-3-7-of-bitcoin-supply-is-not-too-much-michael-saylor/

[5] Changelly. (2025, July 31). Bitcoin (BTC) Price Prediction 2025 2026 2027 - 2030. https://changelly.com/blog/bitcoin-price-prediction/

[6] CryptoPotato. (2025, July 30). Peter Schiff vs. Bitcoin: 237 Failed Crash Warnings. https://cryptopotato.com/peter-schiff-vs-bitcoin-237-failed-crash-warnings-exposed-by-grok-amid-1000000-surge/