Despite Bitcoin's sharp correction from its historic high of over $126,000 in October, Michael Saylor — Executive Chairman and Co-Founder of Strategy (the new name of MicroStrategy) — remains confident that the world's leading digital currency will soon hit a new record. In an interview with CNBC at the Money 20/20 fintech conference in Las Vegas, Saylor said he is "absolutely optimistic" that Bitcoin will reach $150,000 before the end of 2025.
According to Saylor, the cryptocurrency market has entered a more mature phase with reduced volatility, higher liquidation , and improved transparency.
Currently, Bitcoin is still holding the price range above $100,000, trading around $111,000, up nearly 54% over the past 12 months.
Not just stopping at short-term forecasts, Saylor believes that Bitcoin can absolutely reach $1 million per coin in the next 4-8 years. According to him, with an Medium growth rate of about 30% per year for 20 years, Bitcoin can reach $20 million per coin in the long term.
He likened Bitcoin to “digital gold”, emphasizing that investors today are no longer looking for short-term profits, but rather aiming to preserve asset value in an era of fiat currency devaluation.
After changing its name from MicroStrategy to Strategy, Saylor's company now holds more than $71 billion worth of Bitcoin, making it the world's largest listed organization with the largest Bitcoin holdings.
Saylor's persistent “buy every peak” strategy is XEM as a testament to his long-term vision — despite price fluctuations, the Strategy has continued to accumulate Bitcoin as a reserve asset.
