Michael Saylor, executive chairman of Strategy and longtime Bitcoin advocate, addressed the BTC Prague 2025 audience last week with a detailed update on Bitcoin’s long-term trajectory.
His keynote followed a series of global and domestic policy shifts that, according to Saylor, have significantly impacted the cryptocurrency landscape since his last forecast in July 2024. While the market has seen notable price movement, Saylor focused on adoption trends, institutional involvement, and macroeconomic shifts.
He outlined a 21-year outlook, emphasizing a target valuation of $21 million per Bitcoin—anchored in global monetary transformation rather than short-term speculation.
Notably, at this point, owning just 4.8 Bitcoin could make one a centaillionaire, according to Michael Saylor’s long-term projection.
Geopolitical and Regulatory Tailwinds
Since July 2024, political momentum in the United States has moved sharply in favor of Bitcoin. The White House, along with key congressional figures, adopted pro-Bitcoin positions. In response, new federal cabinet-level roles were created to support digital asset integration.
Regulatory bodies including the SEC, OCC, and the Federal Reserve acknowledged Bitcoin’s role in the financial ecosystem. Concurrently, Congress reviewed several legislative initiatives such as the Bitcoin Act and the Clarity Act.
These developments positioned Bitcoin within mainstream policy discussions. At the same time, institutional adoption intensified, with over $150 billion in capital entering the Bitcoin market and approximately 1.4 million BTC held by institutions.
Notably, Saylor addressed Bitcoin’s adoption beyond U.S. borders. Several governments, including those in the United Kingdom, China, and El Salvador, began discussions or initiatives supporting Bitcoin. In parallel, the broader crypto industry shifted focus toward Bitcoin as the foundational digital asset.
Public companies joined the “Bitcoin 100,” a group of firms holding BTC on their balance sheets. Names included Trump Media, GameStop, SmarterWeb, and Metaplanet. Meanwhile, ETF approvals further accelerated access to Bitcoin across both retail and institutional channels. These coordinated developments across sectors contributed to Saylor’s thesis of Bitcoin as a transformative financial network.
Financial Metrics and Strategic Guidance
In support of his forecast, Saylor highlighted performance metrics and financial models. He reported Bitcoin’s 56% annual rate of return over five years, significantly outpacing the current 13% cost of capital.
He compared dollar-cost averaging (DCA) in Bitcoin to traditional investments, showing DCA returns of $40 million on a $2 million input, versus $6 million through S&P 500 exposure.
Using leverage and equity issuance in combination with DCA strategies could yield up to $760 million. He advised businesses to create scalable Bitcoin strategies, secure long-term low-interest funding, and avoid short-term debt risks. He emphasized that volatility should be seen as part of the network’s early phase rather than a deterrent.
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.
