Michael Saylor, CEO of MicroStrategy, made some bold predictions about Bitcoin's price. This article analyzes his statements and examines the Bitcoin adoption model.
Michael Saylor's Prediction
Michael Saylor, whose company MicroStrategy holds a significant amount of Bitcoin, claimed Bitcoin will grow at an annual rate of 29% over the next 21 years. By 2045, its value may reach $13 million. Saylor emphasized: 'Every Bitcoin you don’t buy is gonna cost you $13 million, my friend.'
Bitcoin Adoption Model
The 'Rate of Adoption' model, presented by Daniele Bernardi in 2020, links Bitcoin’s price to the growth of 'non-zero' wallets holding at least a fraction of Bitcoin. Updated in 2023, it projected Bitcoin to reach $130,000 in the current cycle.
2025 and 2045 Forecasts
With ETF approval changing market parameters, the 2025 forecast hits $261,000. By 2045, calculations show Bitcoin could reach $8.3 million on the median curve and surpass $21.6 million on the upper curve if current trends continue.
Saylor's predictions and the adoption model include substantial figures, but assume current trends will hold. Final outcomes rely on various factors, emphasizing the need for thorough analysis before making investment decisions.
