Michael Saylor: Bitcoin Will Never Stop Growing Against the Dollar

Bitcoin as a Long-Term Investment Opportunity

MicroStrategy Chairman Michael Saylor has reiterated his unwavering belief in Bitcoin's dominance, asserting that the cryptocurrency will continue to grow indefinitely in value against the U.S. dollar. Speaking on Yahoo Finance, Saylor highlighted Bitcoin's unique potential for wealth accumulation, emphasizing that its current price represents a significant discount compared to its long-term valuation.

"Bitcoin is still less than $1 million per coin. You could say we are seeing a 90% discount from $1 million per BTC," Saylor stated, adding that he plans to continue purchasing Bitcoin even if its price reaches $1 million per coin.

Saylor's projections for Bitcoin's future are ambitious. He believes the cryptocurrency will reach $100,000 in the near term, followed by a steady climb to $1 million and beyond. By 2045, Saylor predicts Bitcoin could be valued at $13 million per coin. This optimistic outlook is underpinned by several key factors:

1. Decreasing Volatility: As the market matures, Bitcoin's price fluctuations are expected to stabilize, making it a more reliable and attractive asset.
2. Spot ETFs and Mainstream Adoption: The emergence of Bitcoin spot exchange-traded funds (ETFs) and growing institutional acceptance are reducing risks and increasing confidence among investors.
3. Continued Growth Against Fiat: Saylor emphasizes that Bitcoin's limited supply and decentralized nature ensure its value will consistently outpace inflation and depreciation of fiat currencies like the U.S. dollar.

Saylor also shared insights into his return-on-investment model, which anticipates a gradual decline in annualized return rates (ARR) from the current 60% to approximately 20% over the next two decades. "Over the past four years, the annual growth has been about 60% or more. My model suggests a drop in ARR to 20% over the next 21 years," he explained. This long-term perspective underscores his belief in Bitcoin as a reliable store of value, even as its explosive early growth tapers off.

Saylor's advice to investors is straightforward: consistently buy Bitcoin with spare capital. He argues that Bitcoin's trajectory is resilient to short-term price changes and that its long-term value will reward patient investors. "Just keep buying bitcoins with spare money. They will always grow against the U.S. dollar," Saylor emphasized.

Saylor's faith in Bitcoin extends beyond personal investment. He has previously encouraged corporate entities, including Microsoft, to consider Bitcoin as a strategic reserve asset. By holding Bitcoin, companies can hedge against inflation and enhance their balance sheets in a rapidly digitizing economy.

Saylor is optimistic that Bitcoin's market will become more reliable over time, thanks to increased institutional involvement and regulatory clarity. He no longer anticipates large-scale price crashes, viewing the current ecosystem as increasingly stable and mature.

Michael Saylor's projections for Bitcoin paint a compelling picture of its potential as a long-term investment and strategic reserve asset. With predictions of $1 million per coin in the near future and $13 million by 2045, Saylor's vision underscores the transformative power of Bitcoin in the global financial landscape. For those with patience and conviction, Bitcoin remains a cornerstone of wealth preservation and growth.