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Michael Saylor raised his BTC price forecast to $13 million by 2045

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28.07.2024

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According to Michael Saylor, at bitcoin's current price of around $65,000, its market capitalization is $1.3 trillion, or just 0.1% of the world's wealth. It would take an annualized return of 29% for the flagship asset to reach the $13 million level in 2045. Then BTC's market capitalization would reach $280 trillion and account for nearly 7% of global wealth.

In an even more bullish scenario, the value of the leading asset, according to Michael Saylor's forecast, will reach $49 million and account for 22% of the world's wealth. The MicroStrategy co-founder also talked about what will happen to bitcoin in a bear market. In this case, BTC will be worth $3 million by 2045.

At Bitcoin Conference 2024, Michael Saylor not only predicted the value of bitcoin by 2045, but also told the audience how to get a “triple max” from owning the asset.

You buy bitcoin, transfer all your assets into it, and then move to a cheaper tax jurisdiction where you can avoid paying some taxes and invest an extra $50,000 in BTC.
As a reminder, MicroStrategy is one of the largest public holders of bitcoin in the world. As of the end of June, Saylor's company owns 226,331 BTC.