Michael Saylor’s Bitcoin Predictions: Is He a Genius or Just a Lucky Guessing Game?

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Well, well, well! Look who’s back in the Bitcoin game! It’s none other than Michael Saylor, the former big cheese of Strategy (formerly known as MicroStrategy, but who’s counting?). He’s doubling down on his outrageous price prediction for Bitcoin (BTC) as it struts around the six-figure level like it owns the place! 💰

In a recent tête-à-tête with CNBC Television, our favorite Bitcoin cheerleader, Saylor, declared that as institutions waltz into the crypto ballroom, BTC is set to experience a supply shock that’ll make your head spin faster than a rollercoaster! 🎢

“There’s been a surge of Bitcoin treasury companies. There’s like 100 public companies or more. They’re holding Bitcoin on their balance sheet. And every single week, there’s another announcement. I think that it used to be that we’re focused on the halvings.

But at this point, the entire natural supply of Bitcoin is only 450 Bitcoin available for sale every day. That’s sort of about $45 – $50 million a day at this level. That is all being consumed by the Bitcoin treasury companies. And the Bitcoin ETFs (exchange-traded funds) are coming on strong. So I’m very bullish.”

Saylor then decided to sprinkle a little fairy dust on his price prediction, claiming that Bitcoin will outshine other asset classes like real estate and the S&P 500. I mean, who needs a house when you can have a digital coin, right? 🏠❌💻

“My forecast in July of last year in Nashville was Bitcoin’s going to appreciate 29% a year on average for the next 21 years. And that moves it from it was about mid $60s, $65,000 to $13 million a coin in the year 2045. I’m getting more bullish on that forecast, but I’m certainly comfortable forecasting 30% a year ARR (annual recurring revenue) on average for the next 20 years.”

I think Bitcoin’s up 57% a year for the past four and a half years. Again, that’s double the Mag seven. That’s quadruple the S&P. That’s eight times real estate and bonds are down 4%. So Bitcoin is smashing everything.”

Strategy is currently the world’s largest corporate holder of Bitcoin, boasting a whopping 580,955 BTC worth just over $61.3 billion! Talk about a piggy bank! 🐷💸

As of now, Bitcoin is trading for $105,431, which is a tiny hiccup down from yesterday. But hey, who’s counting? 🤷‍♂️

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2025-06-08 12:21