Michael Saylor, the founder of Strategy, recently revised his Bitcoin price prediction, anticipating it to reach $21 million by 2046. In his keynote speech at the BTC Prague 2025 event, he emphasized the significant potential of Bitcoin (BTCUSD), citing recent geopolitical changes and cryptocurrency adoption trends.
“I believe the Bitcoin value will be $21 million in 21 years. It’s a unique period in the network’s history, possibly the only time you could project 21 years ahead and see $21 million,” Saylor asserted.
This optimistic projection sees a considerable leap from his previous prediction at the Bitcoin 2024 conference in Nashville, where he projected Bitcoin to reach $13 million by 2045.
In his address, Saylor explained his bullish outlook on Bitcoin, attributing it to numerous geopolitical, regulatory, and adoption advancements that were not foreseen last year. He pointed out the unexpected acceptance of Bitcoin by the White House as a significant development.
Despite Bitcoin’s drop to $16,000 in the last crypto winter, Saylor maintained his optimism, stating that the political shift following Donald Trump’s presidential victory brought about a sea change.
He also highlighted the progression of three crypto-related US bills, including the Genius Act, Digital Asset Market Clarity Act, and the Bitcoin Act. “This is an angle no one saw or imagined a year ago. US states are now embracing Bitcoin,” Saylor said.
Meanwhile, Strategy (formerly MicroStrategy) kept on aggressively accumulating BTC, purchasing $1 billion worth of BTC last week. As of June 15, 2025, the company held 592,100 BTC without disclosing the specifics due to security reasons.
Despite facing criticism for initially rejecting the idea of self-custody, Saylor later supported it for “those willing and able” in October 2024. The concept of self-custody has continued to gain traction, as demonstrated by the growing interest at the BTC Prague event.
According to Danny Sanders, Chief Commercial Officer at hardware wallet company Trezor, the BTC Prague event attracted a Bitcoin-focused crowd, with interest in the idea of self-custody and open-source tools.
