Former MicroStrategy CEO Michael Saylor Makes Three Potential Bitcoin Price Predictions by the Time It Reaches 2045

Saylor's comments come at a time when more institutions are gaining exposure to the crypto market through Bitcoin and MSTR remains dependent on BTC

Former MicroStrategy CEO Michael Saylor made three potential predictions for Bitcoin (BTC) by the time it reaches 2045. He predicted a bear case of $3 million per coin, a base case of $13 million, and a bull case of a massive $49 million per coin.

Saylor’s comments come at a time when more institutions are gaining exposure to the crypto market through Bitcoin and MSTR remains dependent on BTC performance. Saylor has often discussed BTC’s role in fighting inflation but Bitcoin’s long-term value has a deeper bet.

Bitcoin could reach $13 million valuation per coin At the Bitcoin 2024 Conference, former MicroStrategy CEO Michael Saylor made a bold forecast for Bitcoin (BTC). According to him, over the next two decades, there could be three potential scenarios for the largest cryptocurrency by market cap.

The first case is a bear case of Bitcoin price reaching $3 million per coin. Saylor’s base case is of $13 million per coin, and a bull case of a staggering $49 million per coin by 2045.

Interestingly, Saylor’s base case prediction is almost a 30% increase from his previous projection of $10 million. In June this year, the former chief of MSTR called Bitcoin an “economic immortality” in a podcast while predicting its journey to $10 million.

A $10 million price point pushes BTC’s market capitalization to around $210 trillion on a fully diluted basis. At a 21 million cap, Bitcoin’s market cap can propel to $273 trillion. Meanwhile, considering Bitcoin has not even touched $1 million in value, the implications of a bull case valuation can potentially reshape the global financial market by 2045.

$13M is the #Bitcoin Base Case. pic.twitter.com/0Wz60P2C5n

— Michael Saylor⚡️ (@saylor) July 27, 2024

The annualized rate of return for Bitcoin under Saylor’s predictions range from 21% to 37% by 2045. If Bitcoin reaches a price point of $49 million by 2045, it’ll form 22% of all assets by touching a capitalization of $1,000 trillion as per Saylor.

Saylor eyes Bitcoin holdings by corporations In several posts on X, S MicroStrategy Inc. (MSTR), under Saylor, became the largest public holder of Bitcoin. As of June 21, the data by Bitcoin Treasuries notes that the company holds 226,331 coins. At the time of writing, MSTR stock price is close to $1,620 and the market capitalization has surpassed $28 billion.

If Saylor’s predictions come true, MicroStrategy’s bet on Bitcoin will massively escalate the company’s valuation and enterprise value, which at press time stands at $33.42 billion.

Since first reporting its BTC balance on August 11, Bitcoin’s value relative to USD has surged by 456%. When compared to Bitcoin, the stock price has increased by 135%. The math seems to suggest that the return on BTC investment could further snowball the stock price.

Therefore, it’s important to point out that Saylor has a vested interest in Bitcoin’s price increase. And so all potential price surge and bull predictions should be viewed with that in mind. That said, over the last year, Bitcoin has increased its value by

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