Michael Saylor Predicts $150K Bitcoin by Year-End, Sees Long-Term Surge to $20 Million

Bitcoin’s recent decline from its October peak above $126,000 hasn’t shaken the confidence of Strategy Executive Chairman and co-founder Michael Saylor. Speaking with CNBC at the Money 20/20 fintech conference in Las Vegas, the long-time Bitcoin advocate reiterated his bullish stance, forecasting the leading cryptocurrency will reach $150,000 by the end of 2025.

Saylor pointed to Bitcoin’s maturing market structure and reduced volatility as key drivers of his optimism. “I think Bitcoin is going to continue to grind up,” he said. “Volatility is coming off as the industry becomes more structured with more derivatives and ways to hedge it. Our expectation right now is that by the end of the year it should be about $150,000.”

Bitcoin has surged nearly 54% over the past year, stabilizing above $100,000 and trading around $111,000 on Wednesday. Looking ahead, Saylor envisions an even more dramatic rise, projecting Bitcoin could climb to $1 million per coin within four to eight years. His ultra-long-term outlook suggests an average annual growth of 30% over the next two decades, potentially pushing Bitcoin’s price toward $20 million.

Calling the past year the strongest in crypto history, Saylor credited regulatory clarity and institutional acceptance. He highlighted the White House’s recognition of Bitcoin as digital gold, the SEC’s openness to tokenized equities, and the Treasury’s acceptance of stablecoins.

Saylor reaffirmed Strategy’s commitment to continual accumulation, declaring the firm will “buy the top forever.” Based in Tysons Corner, Virginia, Strategy currently holds over $71 billion in Bitcoin—making it the world’s largest publicly traded Bitcoin treasury.

Despite a 3.26% drop in Strategy (MSTR) shares to $275.36, the company’s stock remains up 11% over the year, mirroring Bitcoin’s broader bullish momentum.