Michael Saylor Predicts Bitcoin Market Cap to Reach $280 Trillion in 2045

In a recent interview with Fox Business, Michael Saylor, co-founder and chairman of MicroStrategy, expressed ambitious vision for Bitcoin (BTC), predicting that the overall market value of this currency will increase significantly over the next 21 years. This forecast is consistent with MicroStrategy's ongoing strategy of enhancing its Bitcoin buyback program, which has significantly impacted the company's stock performance, closely tied to Bitcoin price fluctuations. Saylor envisions Bitcoin price soaring to $13 million Bitcoin has reached a valuation of about 2 trillion dollars, with a new record price of 104,000 dollars on Thursday. However, Saylor predicts that an additional 200 trillion dollars will be added to Bitcoin's market capitalization by 2045, mainly due to global inflation pressures. According to Saylor, many investors are moving away from traditional assets to Bitcoin, considering it a feasible global currency asset. He asserts that with more capital pouring into Bitcoin, its growth trajectory will far surpass stocks, gold, and real estate. Going deep into specific price predictions, Saylor hypothesized that bitcoin could reach an astonishing $13 million per coin. This figure would represent a growth of 12,384% if Saylor's prediction scenario becomes reality, potentially turning it into the world's largest currency. Saylor made this estimate based on an analysis showing that Bitcoin has historically grown at an average annual rate of 29%. He argues that this growth could continue, leading to an expected valuation in 2045. NewsBTC previously reported that Saylor believes that Bitcoin only accounts for 0.1% of the global capital market, but he imagines that figure will increase to 7%. Saylor also provides a detailed analysis of Bitcoin's growth trajectory, outlining a four-year forecast with an average growth rate that could start at 44% and gradually decrease to 30%. Contrary to the belief that Bitcoin is a high-risk asset, Saylor emphasizes its potential as a safe haven for risk-averse investors, while highlighting the increasing demand for security in investment choices. MicroStrategy strengthens buyback BTC In a recent social media update, Saylor shared the company's performance after three years of implementing the Bitcoin strategy. He announced that as of the current time, MicroStrategy's treasury operations have yielded an impressive 63.3% BTC profit, bringing about a net benefit of approximately 119,800 BTC to the shareholders. With a price of $103,000 per BTC, this number is equivalent to an estimated profit of $12.3 billion in the year, making MicroStrategy one of the most profitable and fastest-growing companies operating under the "Bitcoin Standard". On Monday, MicroStrategy revealed that they had significantly ramped up their BTC buying activity, surpassing the 400,000 BTC milestone in their investment portfolio. The company has sold 3.7 million shares, generating approximately $1.5 billion in proceeds to be reinvested directly into Bitcoin. This is the fourth consecutive week the company has purchased Bitcoin. Since November 11th, MicroStrategy has invested over $13.5 billion in Bitcoin through three separate transactions, increasing the total amount held to approximately $38 billion, equivalent to 402,100 BTC, with an average purchase price of $56,658 per coin.