An analysis of Michael Saylor's latest Bitcoin price prediction, MicroStrategy's continued BTC accumulation, and the company's overall strategy in the evolving crypto landscape.
Michael Saylor and MicroStrategy continue to make waves in the Bitcoin world. Saylor's recent $BTC price prediction of $21 million by 2046 and MicroStrategy's aggressive accumulation strategy highlight their unwavering belief in Bitcoin's future.
Saylor's Sky-High $BTC Prediction
Michael Saylor, now at Strategy, significantly raised his long-term $BTC price prediction. Speaking at the BTC Prague 2025 conference, he forecasted that $BTC could reach $21 million per coin by 2046. He cited geopolitical shifts, regulatory developments, and increasing crypto adoption as reasons for this bold projection. Saylor pointed to growing support for $BTC from the U.S. government and potential crypto legislation as key factors driving his optimism. He sees the pace of progress as something “nobody guessed, no one conceived of a year ago.”
This new estimate is a considerable jump from his previous forecast of $13 million by 2045. Earlier this month, he expressed his belief that $BTC will reach $1 million by 2033. He predicts $BTC could eventually reach a $500 trillion market cap, translating to a price of around $23.8 million per token.
MicroStrategy's Relentless $BTC Accumulation
Strategy, under Saylor's leadership, continues to aggressively accumulate $BTC. As of June 22, 2025, Strategy holds 592,345 $BTC, representing approximately 2.82% of the total $BTC supply. The company acquired these holdings at an average price of $70,681 per $BTC, with a total investment of $41.87 billion. Recently, they acquired 245 $BTC for approximately $26 million, financed by the sale of Strategy's preferred stock. Saylor reaffirmed his commitment to buying $BTC, stating, “We will continue to buy Bitcoin. We believe it will become exponentially harder to buy Bitcoin, but we will work exponentially more efficiently to buy Bitcoin.”
Potential Risks and Alternative Strategies
Despite the bullish outlook, some analysts have warned that Strategy could face financial challenges. One analyst suggested that Strategy's reliance on its market net asset value makes it vulnerable, especially as $BTC becomes more accessible. The analyst also flagged $MSTR’s $8.2 billion in convertible debt as a major risk. If the company's stock doesn't appreciate enough for bond conversion, Strategy may be forced to repay in cash, potentially by selling $BTC.
Other companies are also exploring similar strategies. For instance, an initiative was mentioned where a Nasdaq-listed company, soon to be renamed Build & Build Corporation, will accumulate BNB tokens, emulating MicroStrategy's playbook.
Final Thoughts
Michael Saylor's unwavering belief in Bitcoin, combined with MicroStrategy's aggressive accumulation strategy, paints a compelling picture of the future. Whether or not $BTC hits $21 million by 2046 remains to be seen, but one thing is clear: Saylor and Strategy are all in on $BTC. The crypto world never sleeps, and with figures like Saylor at the helm, it's bound to be an interesting ride!
