Michael Saylor, the executive chairman of MicroStrategy, has reiterated his ambitious vision for Bitcoin, projecting its value could reach $13 million per coin by 2045.
During a recent appearance on Charles Payne’s Making Money, Saylor outlined MicroStrategy’s investment approach, describing Bitcoin as a transformative digital asset. Saylor elaborated on MicroStrategy’s strategy to acquire Bitcoin by leveraging financial tools such as convertible bonds, which target two distinct investor profiles.
Low-risk investors are drawn to the bonds’ limited downside exposure, while high-risk investors favor the potential for outsized equity performance tied to Bitcoin’s growth. He emphasized that volatility, often seen as a drawback, serves as a key operational driver for MicroStrategy. According to Saylor, this approach bridges traditional financial markets with the rapidly evolving crypto economy.
Saylor addressed criticism that labels the strategy speculative and unsustainable. He countered that issuing securities to meet diverse investor needs aligns with public companies’ core purposes. Additionally, he likened Bitcoin’s adoption curve to historical, technological breakthroughs like electricity and automobiles, asserting that initial skepticism is a natural response.
Bitcoin as Digital Capital & Price Target
Central to Saylor’s argument is the notion of Bitcoin as a revolutionary form of “digital capital.” He identified its unique attributes, such as portability, programmability, and resistance to centralized financial risks.
Saylor highlighted its potential for wealth storage at unprecedented speeds, making it particularly valuable for economically unstable regions. He positioned Bitcoin as a viable alternative to traditional assets like real estate or fiat currencies, which are vulnerable to inflation and centralized manipulation.
Saylor further projected Bitcoin’s exponential growth, estimating that the asset class could expand from its current $2 trillion valuation to $280 trillion by 2045. Saylor also outlined a bold forecast for Bitcoin’s price, envisioning its price climbing to $13 million per coin by 2045.
Notably, Saylor is not making this bold $13 million price forecast for Bitcoin for the first time. In September, during his appearance on CNBC Squawk Box, he declared this target and has continued to maintain his position on the outlook.
Bitcoin would need to increase by approximately 13,021% to reach $13 million from its current price of $99,072.
Pitching Bitcoin to Microsoft
In related efforts, Saylor presented Bitcoin’s benefits to Microsoft’s board of directors, urging the tech giant to consider adopting the cryptocurrency. He characterized Bitcoin as the next wave in digital transformation and suggested its integration could enhance Microsoft’s financial strategy.
Saylor argued that by leveraging Bitcoin, the company could mitigate risks linked to traditional capital management and boost shareholder confidence.
The presentation also highlighted Bitcoin’s potential to outperform conventional financial instruments, such as stock buybacks and bonds, offering Microsoft a chance to position itself at the forefront of a digital capital revolution.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
