Michael Saylor, co-founder of MicroStrategy, predicted that Bitcoin’s (BTC) price could surge to $13 million per coin by 2045.
Saylor explained that this projection is a baseline scenario, suggesting that the price might reach $3 million in a bearish case or $49 million in a bullish one.
He made this prediction during his keynote speech at the Bitcoin Conference on July 26 in Nashville, Tennessee, where various US lawmakers, congressional candidates, and industry leaders discussed the future of crypto and blockchain technologies.
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Addressing the audience, he encouraged an assertive investment in Bitcoin. Saylor explained that financing a house with Bitcoin, converting all assets to Bitcoin, and relocating to a low-tax jurisdiction to save on taxes and invest additional funds could elevate one’s net worth to approximately $214 million. He also recommended that corporations and countries adopt similar tactics to maximize wealth.
Saylor also highlighted the vulnerability of physical assets, which he said have their value diminish over time, noting:
Physical assets might last 1,000 years, <but> probably about 50 to 75 years is the best you’re going to get.
In contrast, Saylor described Bitcoin as “immortal” and “immutable,” offering a unique solution to economic challenges.
Such bold predictions underscore Saylor’s strong belief in Bitcoin’s potential to revolutionize personal and corporate wealth strategies, emphasizing the cryptocurrency’s unique attributes.
MicroStrategy remains the largest corporate holder of Bitcoin. As of June 20, the firm possessed 226,331 BTC, acquired at a total of around $8.33 billion.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
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