Bitcoin bull and Technique founder Michael Saylor has doubled down on the long-term worth of BTC amid fast-changing geopolitical and cryptocurrency adoption developments.
Saylor took the stage with a keynote speech on the BTC Prague 2025 occasion on Saturday, predicting that the worth of Bitcoin (BTC) would hit $21 million in 21 years.
“I believe we’re going to be $21 million in 21 years. It is a very particular time within the community. Perhaps the one time within the historical past of the community the place you look out 21 years and also you see $21 million,” Saylor said.
Saylor’s newest bullish Bitcoin prediction is an enormous improve from his earlier forecast made on the Bitcoin 2024 convention in Nashville final yr, when he predicted that Bitcoin would hit $13 million by 2045.
Huge adoption that “no person guessed”
Within the keynote, Saylor reasoned his rising bullishness on the Bitcoin market with many geopolitical, regulatory and adoption developments, which he stated no person conceived final yr.
“Stuff that’s occurred prior to now 11 months has been extraordinary. The White Home has embraced Bitcoin. That is a unprecedented growth. We didn’t anticipate this,” Saylor stated.
Saylor emphasised that he has all the time been bullish on Bitcoin, even when it plummeted to $16,000 within the final crypto winter, however Donald Trump’s presidential victory final November “introduced a sea change in politics,” he said.
“Though we thought we would have a pro-Bitcoin president, we did not assume we would get a strategic Bitcoin reserve. We did not assume that the president would say America could be the Bitcoin superpower of the world. That is an incredible growth,” Saylor added.
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The Technique founder additionally talked about rising regulatory and legislative developments round crypto, referring to 3 crypto-related payments progressing within the US, together with the stablecoin-focused Genius Act, the Digital Asset Market Readability Act and the Bitcoin Act.
“That is one thing no person guessed, nobody conceived of a yr in the past. States in the US are embracing Bitcoin,” Saylor stated.
The place does Saylor maintain Technique’s BTC?
Saylor’s new bullish forecast on Bitcoin comes amid Technique (previously MicroStrategy) persevering with to aggressively accumulate extra BTC, buying $1 billion price of BTC final week.
Holding 592,100 BTC as of June 15, 2025, Technique has not publicly disclosed the place and the way the corporate holds its BTC fortune, with Saylor rejecting the thought of publishing proof-of-reserves attributable to safety considerations.
Saylor got here beneath hearth final yr for additionally rejecting the idea of self-custody, or the best way of holding BTC with out counting on any third social gathering, which stays one of many core Bitcoin concepts within the BTC group.
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After going through group backlash for suggesting that Bitcoin holders ought to slightly belief their belongings to banks, Saylor reversed his stance on self-custody, stating that he supported it for “these prepared and in a position” in October 2024.
Within the meantime, the idea of self-custody continued to realize traction on the BTC Prague occasion, with attendees exhibiting elevated curiosity in “be your personal financial institution” rules.
“BTC Prague continues to draw a strongly Bitcoin-focused crowd, most attendees had been deeply engaged with the way forward for Bitcoin,” Danny Sanders, chief industrial officer on the {hardware} pockets firm Trezor, advised Cointelegraph.
One of many major sponsors of BTC Prague, Trezor, welcomed greater than 5,000 guests on the convention, Sanders stated. These included a “vibrant mixture of builders, Bitcoiners, and newcomers — all genuinely thinking about open-source instruments and the rules of self-custody,” he added.
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