Strategy founder Michael Saylor made an ambitious year-end prediction for the Bitcoin (BTC) price in an interview with CNBC Crypto World at the Money20/20 conference, predicting that BTC could reach the $150,000 level.
Saylor based his optimistic forecast on increasing institutional adoption, a positive regulatory environment, and the company’s innovative digital credit instruments.
Explaining his expectations for Bitcoin, Saylor said, “Our current expectation is that it should be around $150,000 by the end of the year,” given the current market dynamics and institutional structuring.
In the medium term, he thinks Bitcoin will move toward “a million dollars in the next four to eight years.” Longer term, Saylor sees Bitcoin appreciating at about 30% per year over 20 years, heading toward “$20 million.”
Saylor, speaking about Strategy’s new digital credit instruments: Strike, Strife, Stride, and Stretch, stated that these products offer investors options suited to different risk tolerances. Saylor argued that because dividends are financed through equity sales (capital returns), they are not taxed, which could increase the tax-equivalent yield to between 16% and 20%.
*This is not investment advice.