Saylor Predicts Bitcoin Will Go Up 30% a Year For The Next 20 Years, Hints at Another Strategy for BTC Purchase

Michael Saylor, co-founder and executive chairman of MicroStrategy, has once again made a bold forecast about Bitcoin. Speaking live on CNBC, Saylor predicted that Bitcoin would grow 30% annually for the next 20 years. He also recently hinted on X about another possible Strategy Bitcoin purchase, keeping the firm’s long-term strategy in the spotlight.

Saylor’s Bold Bitcoin Forecast

Saylor has become one of the most recognized advocates of Bitcoin in the corporate world. Speaking live on CNBC, his prediction of 30% annual growth over two decades suggests an extremely bullish outlook. If realized, such growth would position Bitcoin as the dominant global asset, surpassing traditional stores of value like gold and government bonds.

The executive has continuously pointed to the scarcity of Bitcoin, the transparency of Bitcoin, and its availability worldwide. He thinks these characteristics have made it better than the fiat money that is subject to inflation and influenced by politics. Speaking in terms of Bitcoin, Saylor argues that the coin will remain valuable because of its fixed supply of 21 million coins, meaning that it can still be appreciated as more people and institutions start using it, even in other countries.

Saylor’s comments reflect the same conviction that pushed MicroStrategy to begin accumulating Bitcoin in 2020. Since then, the company has turned into the world’s largest corporate holder of cryptocurrency. 

However, some analysts have differed with his prediction, offering even a more optimistic prediction. For instance, Bitcoin Hopium wrote;

“That’s his humble opinion. I expect 100% gains per year for Bitcoin.”

Saylor Hints at Another Strategy for BTC Purchase

On X today, Saylor posted a direct message to the market: “Bitcoin is on Sale.” Alongside the post, he shared MicroStrategy’s chart of its Bitcoin acquisition. The combination strongly hinted that the firm could be preparing for another purchase, in line with its established strategy.

The timing of his post has raised speculation among investors. One of the implications of this is that the price of Bitcoin has recently declined after it hit its peak, so it is a possible opportunity to accumulate it. MicroStrategy has repeated these favourable market conditions, and often announced new acquisitions shortly after such suggestive comments by Saylor.

Should Strategy make another buy come true, it will only consolidate its position as the most active corporate Bitcoin hoarder. The company currently holds over 226,000 BTC, worth billions of dollars at current prices. Another acquisition would not only increase its position but also send a fresh signal to the market about long-term confidence in Bitcoin’s future.