Bitcoin bull and Technique founder Michael Saylor has doubled down on the long-term worth of BTC amid fast-changing geopolitical and cryptocurrency adoption developments.
Saylor took the stage with a keynote speech on the BTC Prague 2025 occasion on Saturday, predicting that the value of Bitcoin (BTC) would hit $21 million in 21 years.
“I believe we’re going to be $21 million in 21 years. It is a very particular time within the community. Possibly the one time within the historical past of the community the place you look out 21 years and also you see $21 million,” Saylor acknowledged.
Saylor’s newest bullish Bitcoin prediction is a large enhance from his earlier forecast made on the Bitcoin 2024 convention in Nashville final 12 months, when he predicted that Bitcoin would hit $13 million by 2045.
Large adoption that “no one guessed”
Within the keynote, Saylor reasoned his rising bullishness on the Bitcoin market with many geopolitical, regulatory and adoption developments, which he mentioned no one conceived final 12 months.
“Stuff that’s occurred previously 11 months has been extraordinary. The White Home has embraced Bitcoin. That is a unprecedented improvement. We didn’t anticipate this,” Saylor mentioned.
Saylor emphasised that he has all the time been bullish on Bitcoin, even when it plummeted to $16,000 within the final crypto winter, however Donald Trump’s presidential victory final November “introduced a sea change in politics,” he acknowledged.
“Though we thought we’d have a pro-Bitcoin president, we did not suppose we might get a strategic Bitcoin reserve. We did not suppose that the president would say America can be the Bitcoin superpower of the world. That is a tremendous improvement,” Saylor added.
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The Technique founder additionally talked about rising regulatory and legislative developments round crypto, referring to a few crypto-related payments progressing within the US, together with the stablecoin-focused Genius Act, the Digital Asset Market Readability Act and the Bitcoin Act.
“That is one thing no one guessed, nobody conceived of a 12 months in the past. States in america are embracing Bitcoin,” Saylor mentioned.
The place does Saylor maintain Technique’s BTC?
Saylor’s new bullish forecast on Bitcoin comes amid Technique (previously MicroStrategy) persevering with to aggressively accumulate extra BTC, buying $1 billion value of BTC final week.
Holding 592,100 BTC as of June 15, 2025, Technique has not publicly disclosed the place and the way the corporate holds its BTC fortune, with Saylor rejecting the thought of publishing proof-of-reserves resulting from safety issues.
Saylor got here below fireplace final 12 months for additionally rejecting the idea of self-custody, or the way in which of holding BTC with out counting on any third occasion, which stays one of many core Bitcoin concepts within the BTC group.
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After dealing with group backlash for suggesting that Bitcoin holders ought to quite belief their property to banks, Saylor reversed his stance on self-custody, stating that he supported it for “these prepared and ready” in October 2024.
Within the meantime, the idea of self-custody continued to achieve traction on the BTC Prague occasion, with attendees displaying elevated curiosity in “be your personal financial institution” rules.
“BTC Prague continues to draw a strongly Bitcoin-focused crowd, most attendees had been deeply engaged with the way forward for Bitcoin,” Danny Sanders, chief industrial officer on the {hardware} pockets firm Trezor, informed Cointelegraph.
One of many essential sponsors of BTC Prague, Trezor, welcomed greater than 5,000 guests on the convention, Sanders mentioned. These included a “vibrant mixture of builders, Bitcoiners, and newcomers — all genuinely fascinated with open-source instruments and the rules of self-custody,” he added.
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