MicroStrategy Founder Michael Saylor Makes an Astonishing Prediction About Bitcoin Price

MicroStrategy founder and Bitcoin advocate Michael Saylor has made a bold prediction for BTC, forecasting a 29% annual return over the next 21 years.

In a recent interview, Saylor shared his base case scenario, projecting Bitcoin to reach an astounding $13 million per coin within that period.

"My belief is that Bitcoin will experience an Annualized Rate of Return (ARR) of 29% for the next 21 years," Saylor asserted, resulting in a projected Bitcoin price of $13 million per unit. Regarding the sentiments of MicroStrategy shareholders towards BTC, Saylor stated, "They are very bullish on BTC. Among those who invested in MicroStrategy, none have expressed a negative view of Bitcoin."

Suggesting that Bitcoin skeptics may be shorting the stock, Saylor further emphasized his conviction in the cryptocurrency's long-term prospects. He also mentioned a modeling tool for predicting Bitcoin's future growth: "By searching 'Bitcoin 24' on Google, you can access the open-source BTC 24 model. It's a 21-year model that you can download as a spreadsheet."

*Disclaimer: This information does not constitute investment advice.