Michael Saylor Predicts $13M Bitcoin Price Over Next 21 Years on CNBC

• Michael Saylor predicts Bitcoin will reach $13M and capture 7% of global capital by 2045.
• Saylor forecasts Bitcoin’s growth rate will stabilize at 25% as it matures over the next 21 years.
• Bitcoin’s appeal lies in its counterparty risk-free nature, making it a global safe haven asset.

Michael Saylor recently made a bold prediction on CNBC, forecasting that Bitcoin will reach a staggering $13 million over the next 21 years. Saylor, known for his bullish stance on the digital asset, believes that Bitcoin will eventually represent 7% of all global capital, a significant increase from its current position at approximately 0.1% of the world’s capital.

According to Saylor, Bitcoin has been growing at an average annual rate of 44% over the past few years, albeit with volatility between 40% and 50%. He anticipates that as Bitcoin continues to mature, its growth rate will gradually decrease, moving from 40% to 35%, then to 30%, and eventually stabilizing at around 25%. 

Saylor also predicts that Bitcoin’s returns will align more closely with those of the S&P 500, plus an additional 8%, reflecting its role as a more global, open, and free capital market.

Saylor’s long-term forecast for Bitcoin is ambitious. He expects the digital currency to reach a value of $13 million per Bitcoin within the next 21 years. 

This prediction is based on the assumption that Bitcoin will capture 7% of all global capital, a significant leap from its current market share. Saylor emphasizes that this growth is not just about speculation but about Bitcoin’s unique position as an asset without counterparty risk. 

He points out that Bitcoin presents an opportunity for investors to hold a part of all the world’s money forever with zero risk of losing their initial investment as opposed to other traditional investment such as real estate, stock, or commodities. 

 Saylor expanded more on the reason why people would be interested in Bitcoin and he pointed to the fact that it is a safe-haven asset. He added that investors are now seeking to invest in Bitcoin and other digital currencies as a way of hedging against the risk of investments that are tied to certain countries, currency or firm.

According to Saylor, Bitcoin is money that has no counterparty risk and therefore satisfies the need for those those who are looking for long term investment with stability and security. 

 Michael Saylor’s latest prediction shows the confidence that this entrepreneur has in Bitcoin when it comes to the future of assets.

Despite this, his prediction is by far the most bullish, and it seems that more and more investors are starting to believe that Bitcoin can become an important part of the world’s financial system.