Michael Saylor of Strategy raised the Bitcoin price forecast to 21 million USD by 2046.

Bitcoin bull and founder of Strategy – Michael Saylor, has made a bold prediction about the long term value of BTC in the context of rapidly changing cryptocurrency adoption trends and geopolitics.

Saylor gave an important speech at the BTC Prague 2025 event on Saturday, predicting that the price of Bitcoin will reach 21 million USD in the next 21 years.

"I think we will reach 21 million USD in the next 21 years. This is a very special time in the network. Perhaps it is the only time in history, with 21 years and BTC hitting 21 million USD," Saylor declared.

Saylor's latest prediction is much higher than his previous forecast made at the Bitcoin 2024 conference in Nashville last year, when he stated that Bitcoin would reach 13 million USD by 2045.

The widespread application that "no one anticipated"

In an important speech, Saylor explained his optimism regarding the Bitcoin market in the context of many geopolitical developments, regulations, and adoptions that took place last year.

"The events that have occurred in the past 11 months have been extraordinary. The White House has accepted Bitcoin. We did not foresee this," Saylor said.

Saylor emphasized that he has always been optimistic about Bitcoin, even when it fell to $16,000 during the most recent crypto winter, but Donald Trump's victory in the presidential election last November brought about a "significant political change."

Michael Saylor at BTC Prague on June 21, 2025 | Source: Trezor "Although there is a president who supports Bitcoin, we do not think there will be a strategic Bitcoin reserve. We do not think the president will say that the United States will be the Bitcoin superpower of the world. This is an incredible development," Saylor added.

The founder of Strategy also mentioned the complex legal and legislative developments surrounding the crypto space, referring to three bills related to cryptocurrency currently underway in the United States, including the Genius Act focused on stablecoins, the Digital Asset Market Act, and the Bitcoin Act.

"A year ago, this was something no one could have predicted. The states in the United States are accepting Bitcoin," Saylor commented.

Where does Saylor hold the BTC of the Strategy?

Saylor's new price prediction for Bitcoin comes against the backdrop of Strategy (, where MicroStrategy) continues to accumulate BTC more aggressively, purchasing an additional amount of BTC worth 1 billion USD last week.

As of June 15, 2025, Strategy holds 592,100 BTC, but has not publicly disclosed where and how the company holds its assets, with Saylor refusing to provide proof of reserves due to security concerns.

Last year, Saylor was criticized for rejecting the concept of self-custody or holding BTC without relying on any third party, one of the core ideas of Bitcoin in the community.

After facing fierce backlash for suggesting that Bitcoin holders should trust banks with their assets, in October 2024, Saylor reversed his stance on the right to self-custody, stating that he supports this right for "those willing and able."

Michael Saylor at BTC Prague in June 2024 | Source: BTC PragueMeanwhile, the concept of self-custody continues to attract attention at the BTC Prague event, with attendees showing interest in the principles of "becoming your own bank."

"BTC Prague continues to attract crowds focused on Bitcoin, most attendees are very interested in the future of Bitcoin," said Danny Sanders, commercial director at the hardware wallet company Trezor.

One of the main sponsors of BTC Prague, Trezor, welcomed over 5,000 guests at the conference, including "a mix of developers, Bitcoin users, and newcomers — all of whom are genuinely interested in open-source tools as well as self-custody principles," he added.

Vincent