Michael Saylor's $13 Million Bitcoin Prediction on CNBC
ML
This week, MicroStrategy’s Executive Chairman, Michael Saylor, made headlines with a bold Bitcoin price prediction during an interview on CNBC. Saylor, a well-known advocate for the cryptocurrency, suggested that Bitcoin could soar to $13 million per coin in the future. His prediction comes at a time when Bitcoin’s price remains volatile, but Saylor remains confident in its long-term potential.
Saylor’s projection is based on his belief that Bitcoin will increasingly be seen as a superior store of value, particularly in comparison to traditional fiat currencies, which he argues are being debased through inflationary monetary policies. He emphasized that Bitcoin's scarcity—there will only ever be 21 million coins—makes it a prime candidate to absorb trillions of dollars in value as it becomes more widely adopted globally. He also pointed to the growing institutional interest in Bitcoin as a factor that could drive its price higher over time.
Saylor’s remarks continue to fuel the broader debate on the future of cryptocurrencies, with supporters viewing Bitcoin as digital gold and skeptics questioning the feasibility of such extreme valuations. Nevertheless, Saylor remains one of Bitcoin’s most prominent supporters, with MicroStrategy holding over 150,000 Bitcoin as part of its corporate treasury strategy.