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Bitcoin Could Surge 13,800% by 2045, Says MicroStrategy’s Michael Saylor

Bitcoin Could Soar by 13,800%, According to MicroStrategy's Michael Saylor

  • Bitcoin currently dominates the cryptocurrency market with a $1.8 trillion market cap, representing over half of the $2.9 trillion industry value.
  • MicroStrategy‘s Michael Saylor predicts Bitcoin could reach $13 million per coin by 2045, a 13,800% increase, based on his vision of asset tokenization.
  • Critics question this forecast’s feasibility due to political challenges and economic inefficiencies, though Bitcoin might still have growth potential as a digital store of value.

Bitcoin (BTC -0.94%) currently dominates the cryptocurrency landscape with a market capitalization of $1.8 trillion, accounting for more than half of the entire crypto industry’s $2.9 trillion valuation. Meanwhile, MicroStrategy (MSTR 5.20%) co-founder Michael Saylor has projected an ambitious future for Bitcoin, forecasting a potential price of $13 million per coin by 2045 – representing a staggering 13,800% increase from current levels.

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Saylor has backed his bullish outlook with significant action, transforming MicroStrategy into what essentially functions as a Bitcoin holding company. The firm now possesses over 538,000 Bitcoins valued at approximately $50 billion. His prediction stems from a vision where Bitcoin reshapes the global financial system through its decentralized nature, limited supply, and blockchain technology.

The MicroStrategy co-founder envisions a future where global assets are “tokenized” on the blockchain, creating a more transparent and efficient system for tracking ownership of everything from real estate to corporate shares. According to Saylor, Bitcoin would serve as the reserve currency for this new financial framework due to its immunity from control by any government, person, or corporation.

With approximately $500 trillion worth of assets worldwide, Saylor believes this transformation could take until 2045, potentially starting with a digital assets framework under the Trump administration, which he characterizes as pro-crypto. If realized, this vision could drive Bitcoin’s value to his $13 million target.

Examining Saylor’s Bold Prediction

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Saylor’s forecast far exceeds other prominent Bitcoin predictions. For comparison, Cathie Wood’s Ark Investment Management projects Bitcoin might reach $1.48 million by 2030 in their most optimistic scenario – a fraction of Saylor’s target.

At $13 million per coin, Bitcoin’s fully diluted market cap would reach $273 trillion, approximately nine times the annual output of the entire U.S. economy and nearly six times the combined value of all S&P 500 companies ($47.5 trillion).

Critics highlight significant obstacles to this vision. Tokenizing global assets would face enormous political resistance, while using a single currency for the world financial system could create inefficiencies similar to those experienced with the euro, where economically diverse countries like Germany and Greece operate under the same currency despite vastly different economic conditions.

A More Realistic Outlook

Despite skepticism about Saylor’s extreme prediction, Bitcoin may still have substantial growth potential. Many investors view it as a digital alternative to Gold, a perspective legitimized by the recent approval of exchange-traded funds that allow institutional investors and financial advisors to own Bitcoin in a regulated environment.

For Bitcoin to reach the current valuation of all above-ground gold reserves ($22.5 trillion), it would need to increase by 1,150%, reaching approximately $1,071,400 per coin. While still ambitious, this represents a more attainable target than Saylor’s projection.

It’s worth noting that Saylor’s company holds over 538,000 Bitcoins, creating a potential conflict of interest when he issues extremely bullish forecasts for the cryptocurrency’s future value.

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