MicroStrategy co-founder Michael Saylor made headlines with a bold prediction that Bitcoin could soar to $21 million per coin by 2046, expressing profound institutional confidence in the digital asset’s long-term trajectory. Speaking at the BTC Prague 2025 conference, Saylor outlined key drivers behind his optimism: Bitcoin’s built-in scarcity, accelerating institutional accumulation patterns, and ongoing technological advancements.
Saylor emphasized the convergence of unique network conditions currently favoring Bitcoin and the significant pools of institutional capital increasingly flowing into the cryptocurrency. His prediction points to sustained, exponential growth over the next two decades, fueled by these structural and demand factors.
Despite the ambitious long-term target, Bitcoin’s price exhibited relative stability following Saylor’s announcement. Market analysts suggest this may indicate institutional investors had already incorporated such extended bullish outlooks into their positions.
Achieving Saylor’s projected valuation will rely heavily on continued progress in regulatory frameworks worldwide and broader macroeconomic stability. These factors are deemed vital for Bitcoin to build the necessary trust and mainstream adoption.
Crucially, Saylor highlighted the role of Bitcoin layer-2 solutions, particularly the Lightning Network, alongside privacy and scalability improvements like Taproot. He framed these technological innovations as fundamentally necessary for Bitcoin to realize its full potential in value appreciation and utility.