Michael Saylor, founder of Bitcoin Bull and Strategy, has doubled the long-term value of BTC amid the rapidly changing trend of adopting geopolitical and cryptocurrency.
Saylor took the stage in a keynote speech at the BTC Prague 2025 event on Saturday, predicting that Bitcoin (BTC) price would reach $21 million over 21 years.
“I think it’s going to be $21 million over 21 years. It’s a very special time for a network. You’ll see $21 million in 21 years in the history of the network,” Saylor said.
Saylor’s latest bullish Bitcoin forecast is a significant increase from previous forecasts at the Bitcoin 2024 conference in Nashville last year, predicting Bitcoin would reach $13 million by 2045.
A massive adoption that “no one guessed”
In his keynote address, Saylor reasoned his strengthened bullishness in the Bitcoin market, accompanied by many geopolitical, regulatory, and adoption developments.
“What happened in the last 11 months has been extraordinary. The White House has embraced Bitcoin. This is an extraordinary development. We didn’t expect this,” Saylor said.
Thaler stressed that he was always bullish on Bitcoin, even when it plunged to $16,000 in last year’s crypto winter, but he said Donald Trump’s presidential victory in November “has brought about a change in the ocean of politics.”
“We thought we might have a Pro Bitcoin president, but we didn’t think we’d get a strategic Bitcoin reserve. We didn’t think the president would say America would become the world’s Bitcoin superpower. This is an incredible development,” added Saylor.
Related: Strategy Michael Saylor to support Pakistan with crypto pivot
The founders of the strategy also mentioned the growth and legislative development around Crypto. It mentions three crypto-related bills going on in the US, including the Stablecoin-focused Genius Act, the clear act of digital asset markets, and the Bitcoin Act.
“This is something nobody has guessed, nobody has thought of it a year ago. US states are accepting Bitcoin,” Saylor said.
Where does Saylor hold the BTC of strategy?
Saylor’s new bull forecast for Bitcoin continues to actively accumulate more BTC in its strategy (previously micro-tactics), buying BTC worth $1 billion last week.
As of June 15, 2025, it holds 592,100 BTC, so the strategy does not publicly disclose where and how the company holds BTC’s property.
Saylor fired last year for refusing to rely on third parties, one of the core Bitcoin ideas of the BTC community, and also refusing to rely on the concept of self-duty, or how to hold BTC.
Related: SEC Chairbush blocks Gensler’s approach to Crypto and defends independence
After facing community backlash because Bitcoin holders suggested that banks should rather trust their assets, Saylor reversed his stance on self-destruction in October 2024, saying he supported it because he was “ambitious and capable.”
In the meantime, the concept of independence continues to gain traction at the BTC Prague event, indicating a growing interest in the principle of “your own bank”.
“BTC Prague continues to attract Bitcoin-centric crowds, with most participants deeply involved in the future of Bitcoin,” Danny Sanders, chief commercial officer of hardware wallet company Tresol, told Cointelegraph.
Sanders said Trezor, the main sponsor of BTC Prague, welcomed over 5,000 visitors at the meeting. They included a lively mix of developers, bitcoiners and newcomers. They’re all really interested in open source tools and the principles of self-destruction,” he added.
Magazine: Arthur Hayes doesn’t care when his Bitcoin predictions are completely wrong
