Michael Saylor has turned into a passionate advocate for Bitcoin. As the chief architect behind Strategy, once MicroStrategy, he’s pumped up his estimates for the cryptocurrency future worth by leaps and bounds. Saylor’s latest Bitcoin price prediction is nothing short of breathtaking – him now calling for a $21 million per coin Bitcoin price by the year 2046. This positive outlook rests almost entirely on the back of recent regulatory progress and skyrocketing adoption rates. Saylor explains that even the wildest dreams of these advancements more than exceed the rosiest projections. Today, Strategy owns 592,100 Bitcoin — an amount worth roughly $58 billion at Bitcoin’s current price of $99,581.

Regulatory and Adoption Catalysts

Saylor’s confidence in Bitcoin’s long-term future is higher than ever. He attributes this increase to major regulatory and adoption developments that he believes have all been surprises. He made unfettered bullishness a brand, all the way through the nadir of the last bear market. During that period, Bitcoin’s price crashed to around $16,000. Just like me, Saylor is optimistic that we are in a very unique convergence of positive fundamental factors. He considers a $21 million price target an achievable prospect.

He explained that Donald Trump’s return to the White House led to a “sea change in politics.” This change has a big impact on the digital asset space. Saylor, a proponent of acting through “Bitcoiners Unanimous,” reminded everyone that not even the biggest Bitcoin bulls had predicted a change so politically seismic. Now President Trump has completely bought in to Bitcoin.

The Significance of 21 Million

Saylor further stressed the importance of 21 million within the Bitcoin ecosystem. This parity corresponds to Bitcoin’s capped supply, a feature that introduces a scarcity which underpins much of Bitcoin’s value proposition. He remarked, "Maybe the one time in the history of the network where you look out 21 years and you see $21 million."

He describes this moment in the network as a “very special time.” He argues that a confluence of factors might just lead Bitcoin to the promised land of heights never before envisioned.

Legislative Developments

As we speak, there are three big bipartisan bills moving through the United States legislature that could dramatically affect Bitcoin’s future. Additionally, the GENIUS Act lays out regulatory parameters for the use of stablecoins. The Bitcoin Act is the kind of legislation that Michael Saylor would generally want to praise. Their passage would go a long way towards offering additional regulatory clarity and legitimacy to today’s cryptocurrency market.