Bitcoin to Reach $21 Million by 2046, Says Michael Saylor

Bitcoin is set to hit $21 million per coin by 2046, according to Michael Saylor, the founder of Strategy and a long-time Bitcoin advocate. Saylor shared his latest forecast during the BTC Prague 2025 event, aligning the target with the cryptocurrency’s total supply and marking it as a symbolic milestone in Bitcoin’s timeline.

ContentsGeopolitical and regulatory shifts shape outlookVolatility ahead but long-term growth expectedStrategy’s Bitcoin holdings and custody stanceThe prediction builds on Saylor’s earlier estimate made at the 2024 Bitcoin conference in Nashville, where he projected Bitcoin to reach $13 million

by 2045. He now believes a 21-year outlook aligns with a $21 million valuation, driven by significant shifts in geopolitics, adoption trends, and regulatory changes.

Geopolitical and regulatory shifts shape outlook

Saylor attributed his bullish revision to unexpected political and regulatory changes. He noted that Donald Trump’s presidential win in 2024 and the current administration’s pro-Bitcoin stance have accelerated interest and adoption. Saylor pointed to the formation of a national Bitcoin reserve and the introduction of new laws such as the Genius Act, the Bitcoin Act, and the Digital Asset Market Clarity Act.

He said these developments were not anticipated a year ago. He emphasized that several U.S. states have begun embracing Bitcoin, signaling growing mainstream support for the asset.

## Volatility ahead but long-term growth expected

While Saylor remains firm on Bitcoin’s long-term potential, he acknowledged the high price volatility that could mark the road to $21 million. He predicted significant fluctuations but expects the market to stabilize over time. According to his outlook, Bitcoin could deliver a steady 21% compound annual growth rate through 2046, potentially outperforming the S&P 500 consistently each year.

He underscored that although Bitcoin may face turbulence, its fundamentals, rising institutional support, and increasing adoption could sustain long-term gains.

Strategy’s Bitcoin holdings and custody stance

Strategy recently added $1 billion worth of Bitcoin, raising its total holdings to approximately 592,100 BTC as of June 15, 2025. Despite its large stash, the firm has not disclosed where it stores its Bitcoin. Saylor has previously rejected the idea of proof-of-reserves, arguing that it compromises the security of custodians, exchanges, and investors.

He also criticized self-custody in the past but has since shifted his stance, now supporting it for individuals capable of managing it securely. At the BTC Prague event, self-custody was a major topic among attendees, many of whom supported the principle of financial independence.