Bitcoin bull and Technique founder Michael Saylor has doubled down on the long-term worth of BTC amid fast-changing geopolitical and cryptocurrency adoption tendencies.
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. Perhaps the one time within the historical past of the community the place you look out 21 years and also you see $21 million,” Saylor said.
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 stated no one conceived final 12 months.
“Stuff that’s occurred up to now 11 months has been extraordinary. The White Home has embraced Bitcoin. That is a unprecedented improvement. We didn’t anticipate this,” Saylor stated.
Saylor emphasised that he has at all times 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 said.
“Though we thought we’d have a pro-Bitcoin president, we did not suppose we would 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 an incredible improvement,” Saylor added.
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The Technique founder additionally talked about rising regulatory and legislative developments round crypto, referring to 3 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 the US are embracing Bitcoin,” Saylor stated.
The place does Saylor maintain the 592,100 BTC Bitcoin for Technique?
Saylor’s new bullish forecast on Bitcoin comes amid Technique (previously MicroStrategy) persevering with to aggressively accumulate extra BTC, buying $1 billion price 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 concept of publishing proof-of-reserves because of safety considerations.
Saylor got here underneath 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 celebration, 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 moderately belief their belongings to banks, Saylor reversed his stance on self-custody, stating that he supported it for “these prepared and in a position” in October 2024.
Within the meantime, the idea of self-custody continued to realize traction on the BTC Prague occasion, with attendees exhibiting elevated curiosity in “be your individual financial institution” ideas.
“BTC Prague continues to draw a strongly Bitcoin-focused crowd, most attendees have been deeply engaged with the way forward for Bitcoin,” Danny Sanders, chief business officer on the {hardware} pockets firm Trezor, informed Cointelegraph.
One of many fundamental sponsors of BTC Prague, Trezor, welcomed greater than 5,000 guests on the convention, Sanders stated. These included a “vibrant mixture of builders, Bitcoiners, and newcomers — all genuinely inquisitive about open-source instruments and the ideas of self-custody,” he added.
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