Michael Saylor: BTC will reach $13 million in 20 years

Author: W3C DAO

$13 million

Michael Saylor, founder of Strategy (formerly MicroStrategy), reiterated at the Digital Asset Summit that Bitcoin is a scarce digital commodity and boldly predicted that Bitcoin will reach $13 million in 20 years. He said that this prediction is based on the fixed supply of Bitcoin of 21 million, making it the only means of storing value, unlike traditional commodities such as gold and oil.

In addition, he also said that BTC will become the world's largest asset by market value in the next 48 months. The Strategic Bitcoin Reserve represents the United States' digital hegemony strategy in the 21st century, advocating that Bitcoin be regarded as digital property and the United States should obtain as many Bitcoins as possible.

Saylor predicts that trillions of dollars of business activities will flow through the Bitcoin network in the future, which is another reason why the United States should prioritize acquiring a share of the network. Bitcoin embodies American values, and owning Bitcoin is the second best option for those who cannot move to the United States.

Saylor mentioned that "if possible, people in Asia and Africa will move to the United States. They want American currency, security and values, but they can't get it, so the second best option they can make is to transfer funds to the Bitcoin network, which has all the values, protection and security of the United States."

Firmly bullish

Despite the cold snap in the crypto market, Michael Saylor remains firmly bullish and even continues to increase his positions when Bitcoin falls.

In recent public occasions, Michael Saylor reiterated that Bitcoin is becoming the "world's reserve capital network", superior to real estate and stocks, and is a digital capital worth holding for the long term. He predicted that the current market value of the Bitcoin network of $2 trillion will grow to $20 trillion in the next 4 to 8 years, surpassing the growth rate of other global assets, and said that "volatility is a gift for the loyal." Saylor even said that he would donate his personal shares to public charities that support Bitcoin after his death, which also demonstrates his deep belief in Bitcoin.

"From selling software to selling Bitcoin, Saylor's orange empire has taken shape." To emphasize its crypto-centric business, Strategy recently rebranded.

In early February this year, Strategy stated in an announcement that as the world's first and largest Bitcoin financial company, the brand simplification is a natural evolution of the company, reflecting the company's focus and broad appeal.

The new logo includes a stylized "B", representing the company's Bitcoin strategy and its unique position as a Bitcoin financial company. The brand's main color is now orange, representing energy, wisdom and Bitcoin. At the same time, Strategy also launched a new software website strategysoftware.com and a branded merchandise website store.strategy.com.

In terms of the advancement of the crypto industry, Strategy not only launched the Bitcoin Hub co-working space to attract innovators to promote the development of the Bitcoin ecosystem, but also met with the SEC Crypto Working Group to propose a digital asset regulatory framework and try to establish clear boundaries for the market. In the industry's view, Saylor is not only hoarding Bitcoin, but also shaping industry rules, showing the attitude of a long-term player.

It is worth mentioning that Strategy announced that it would adopt the latest FASB accounting standards in the first quarter of 2025. If Bitcoin closes above $96,337 in the first quarter, Strategy's positive profitability is expected to meet the conditions for inclusion in the S&P 500 index. Once achieved, Strategy will further enhance its market influence. In its previously released financial report, Strategy announced that its Bitcoin revenue target for 2025 is set at $10 billion, with an annualized return of 15%.

Written in the end

Looking to the future, Bitcoin, as a revolutionary digital asset, continues to gain global attention and support. Although Michael Saylor's bold prediction has caused controversy, it has also injected confidence into the cryptocurrency industry. With the maturity of technology and the gradual establishment of a regulatory framework, Bitcoin may become an indispensable part of the global financial ecosystem.

Strategy's transformation and its firm support for Bitcoin not only demonstrate the foresight of long-term investors, but also lay the foundation for the formation of industry rules. In the future, the Bitcoin ecosystem may expand further, attract more business activities, and become a bridge connecting global capital. Whether institutional investors or ordinary users, they will find their own roles in this wave of digital economy.

As Michael Saylor said, volatility is a gift for the loyal. On a road full of unknowns and challenges, sticking to beliefs and embracing innovation may be the key to building the future era of digital capital. Bitcoin's journey has just begun, and its future potential will be unlimited.