Michael Saylor’s Bitcoin (BTC) Price Target: $13M Per Coin By 2045

It comes as no surprise that Michael Saylor remains extremely bullish on Bitcoin, and the MicroStrategy founder didn't disappoint on Friday, saying he sees the world's largest crypto's price rising to $13 million by 2045 in his base case scenario.

Bitcoin (BTC) price may reach $13 million by 2045. The price of Bitcoin, the world's largest cryptocurrency, could increase 275 times in the next 21 years and reach a value of $13 million per BTC.

Speaking at the Bitcoin Conference, MicroStrategy founder Michael Saylor said that Bitcoin's macro stars are acting in harmony and the crypto asset will increase its market value to $280 trillion by 2045.

According to Saylor's statements, when the market value of Bitcoin reaches 280 trillion dollars in 21 years, the BTC price will be 13 million dollars and the share of the crypto asset in global wealth will reach 7 percent.

Urging Bitcoin Conference participants to turn into "triple maxi" Bitcoin bulls, MicroStrategy president said that in the bull scenario, BTC could be worth $ 49 million and take a 22 percent share of global wealth. In the bear scenario, the price of Bitcoin will be 3 million dollars and it will get a 2 percent share of global wealth.

Better Being

Saylor, who is known to have a personal Bitcoin fortune of approximately $ 1 billion, announced that his company has become the world's largest corporate BTC owner. MicroStrategy has accumulated 226 thousand 331 BTC since late 2020, and the value of this asset amounts to $ 15.4 billion.

According to Saylor, all physical capital, such as government-backed loans, Ferraris, and Miami Beach real estate, are subject to the laws of thermodynamics, and within these laws, processes such as entropy, or the tendency of energy to evaporate over time, occur.

Said that other factors such as war, famine and disaster also reduce the value of normal assets in the long term, Saylor said, "Entropy dilutes the value of physical assets. It takes capital and energy away from them."

Stating that Bitcoin is an exception to this rule, Saylor said, "Bitcoin is an immortal, immutable and intangible asset and brings a solution to our economic dilemma."

Saying that the first cryptocurrency "does not exist in the physical world" and "has an infinite life span", MicroStrategy president added that Bitcoin's macro stars will increase the market value of the crypto asset to 280 trillion dollars in the next 21 years.

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