Bitcoin to Reach $21 Million in 21 Years Says Michael Saylor

At the BTC Prague 2025 conference, Michael Saylor, the executive chairman of Strategy, delivered a keynote address titled “The Power of 21.” He shared his vision of Bitcoin reaching $21 million per coin within the next 21 years, projecting an annual growth rate of approximately 21%. Saylor's optimism is rooted in the belief that Bitcoin's adoption will spread from Capitol Hill to Wall Street, driving its value upward.

Saylor began his speech by contrasting Bitcoin's 55% rise in July with the lagging returns of the Nasdaq, S&P 500, and gold. He argued that despite its trillion-dollar market capitalization, Bitcoin represents less than 0.1% of global wealth, indicating significant room for growth. He attributed recent developments, such as the U.S. administration's public support for Bitcoin and the introduction of pro-crypto legislation, as catalysts for this growth.

Saylor highlighted the influx of $150 billion from Wall Street, tied to 1.4 million BTC, as evidence of deepening institutional interest. He noted that Bitcoin has advanced 61% in the past year and averages a 56% annualized return this decade, outperforming both the S&P 500 and the so-called Magnificent Seven. He contended that corporations are recognizing the value of Bitcoin as it clears the 13% cost-of-equity hurdle.

Looking ahead, Saylor forecasted a 28.5% compound annual return tapering toward 21% as Bitcoin's market value approaches “hundreds of trillions.” He acknowledged that volatility, currently in the mid-40% range, will remain higher than the stock market's VIX reading of 16, but he framed this volatility as “vitality” rather than a drawback. Saylor urged the audience to leverage this 21-year head start, emphasizing that they possess information that 99.8% of global capital does not yet grasp.

Saylor outlined three primary wealth-building strategies: dollar-cost averaging $50,000 a year in BTC, employing long-term leverage at rates below 10%, and adopting a bitcoin-treasury corporate model that sells small equity stakes at premium valuations. He claimed that a disciplined mix of these strategies could turn $2 million into more than $700 million over two decades under favorable assumptions.

Saylor credited early supporter Hal Finney for envisioning eight-figure prices in 2009 and declared that the Bitcoin network has reached “criticality,” making it immune to shutdown. He argued that broader participation remains limited, with BTC accounting for only 0.2% of global wealth, but saw this as an untapped upside rather than a missed opportunity. Closing his address, Saylor urged attendees to craft a 21-year plan, ignore daily price swings, and “feed the machine” of the Bitcoin network, framing price turbulence as the equalizer that keeps Bitcoin within reach of everyday savers.