Joe Burnett, the Bitcoin representative at asset manager Strive, has unveiled a staggering long-term price prediction for Bitcoin, forecasting it could reach $11 million by 2036. In his analysis, Burnett maintains a 2025 prediction of $10 million in Bitcoin investments by 2035, with a base scenario of $11 million per Bitcoin in Q1 2036. He bases this projection on the interplay of two powerful structural trends: AI-accelerated productivity growth and the corresponding expansion of monetary policy.
Burnett argues that AI will act as a deflationary force by lowering production costs across legal, financial, software, and operational sectors. In a debt-based fiat system, persistent deflation destabilizes credit markets. "Central banks cannot allow deflation to persist for long," Burnett states, asserting that the historical response to such shocks—as seen in 1987, 2001, 2008, 2020, and 2022—is interest rate cuts and balance sheet expansion. This newly created liquidity, he contends, will seek an "absolutely rare" asset to absorb it.
According to Burnett's calculations, an $11 million Bitcoin would give the network a value of approximately $230 trillion. Assuming global financial assets grow at a 7% annual rate to around $1,970 trillion by 2036, Bitcoin would represent about 12% of all global financial assets. He envisions a future where sovereign wealth funds, corporate treasuries, and pension funds hold Bitcoin as a reserve asset, and Bitcoin-backed credit instruments become standard in global portfolios. "Bitcoin absorbs this expansion more directly than any other asset," Burnett said, framing eight-figure prices as a result of structural monetary dynamics, not speculation.
Separately, MicroStrategy Executive Chairman Michael Saylor declared the end of Bitcoin bear markets and predicted a long-term price target of $1 million. In a June 2025 Bloomberg interview recirculated in March 2026, Saylor argued that the market has matured, with steady institutional demand from corporations and funds reducing the likelihood of deep crashes. He emphasized Bitcoin's fixed 21 million supply cap as a key strength in an era of monetary expansion, comparing it to digital gold.
While Saylor's comments inspired optimism, critics point to Bitcoin's history of severe corrections—sometimes between 30% and 80%—and note that markets remain susceptible to fear, interest rates, and global events, suggesting institutional adoption may reduce but not eliminate volatility.
