Strategy founder Michael Saylor recently asserted that he expects Bitcoin's price to reach $21 million in 21 years, based on geopolitical and regulatory factors.
Impact of Geopolitics and Regulation on Saylor's Forecast
Saylor highlighted the connection of the number "21" to Bitcoin’s total supply, stating that the projected price of $21 million could be achievable by 2046. He noted the significant influence of recent geopolitical and regulatory events on his outlook and mentioned unexpected support for Bitcoin from the White House and political players.
Company's Strategy for Bitcoin Accumulation
Despite high price volatility, Strategy continues to aggressively acquire Bitcoin, adding another $1 billion in BTC last week. As of June 15, 2025, the company held approximately 592,100 BTC but did not disclose details regarding the storage of its assets.
Support for Self-Custody Principles
At the BTC Prague event, discussions about self-custody principles were prevalent. Saylor, despite previous criticisms regarding self-custody, shifted his position to support this concept for individuals who are "willing and able."
Overall, Michael Saylor's predictions regarding Bitcoin touch upon crucial aspects, including the impact of political situations on the cryptocurrency market and corporate strategies for acquisition. However, the market remains highly volatile, and a 21% CAGR may be a realistic expectation, although the path to that may be challenging.
