Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), has issued a bold prediction that Bitcoin (BTC) will grow by an average of 30% per year over the next 20 years. Speaking to CoinDesk, Saylor argued that such sustained appreciation would render today’s price “trivial” by 2045.
Saylor’s forecast is rooted in Bitcoin’s scarcity model: the fixed supply of 21 million coins creates a deflationary dynamic unlike fiat currencies that central banks can print at will. “Bitcoin’s maximum supply is limited, and this fixed supply creates strong long-term value appreciation,” he stated. The 30% annual growth projection assumes continued adoption and supply constraints.
Beyond the price call, Saylor also revealed plans for a “Bitcoin capital gains fund” that would distribute dividend-style payments derived from Bitcoin’s price gains. The fund would convert price growth into periodic cash distributions for investors, making Bitcoin more accessible to income-focused individuals. However, this model would require selling portions of Bitcoin holdings to realize those gains—an approach that appears to contrast with Saylor’s long-standing accumulation strategy. He emphasized that Strategy will “buy more Bitcoin than we sell” and that for every BTC sold, the company would acquire an additional 10 to 20 BTC.
Strategy currently holds approximately 500,000 BTC, amassed since 2020 through over $30 billion in equity and debt offerings. Recent projections tied to the firm’s STRC share offerings suggest that a 20% issuance could fund the purchase of an additional 144,000 Bitcoin within one year—boosting its holdings by nearly 29%. Saylor reiterated his central objective: “We will buy more Bitcoin than we sell.”
Saylor’s latest comments aim to reassure the market after earlier statements that raised the possibility of selling BTC. The proposed capital gains fund and his bullish prediction underscore his deep confidence in Bitcoin’s long-term trajectory.
