Michael Saylor, founder of Strategy, has raised his Bitcoin price prediction to $21 million by 2046, citing significant geopolitical and regulatory changes that have positively influenced Bitcoin adoption.

During a keynote speech at the BTC Prague 2025 event, Saylor emphasized the unique alignment of a 21-year prediction with a $21 million valuation, stating, "I think we’re going to be $21 million in 21 years."

This new projection marks a substantial increase from his earlier forecast of $13 million by 2045, made at the Bitcoin 2024 conference.

Saylor acknowledged a pivotal political shift following Donald Trump's presidential victory in November, which he believes has significantly influenced Bitcoin's future.

He also referenced the progression of three key crypto-related bills in the U.S. Congress, including the Genius Act and the Digital Asset Market Clarity Act, as indicators of growing acceptance of Bitcoin.

Saylor pointed out these new regulatory initiatives as signs of increasing support for Bitcoin across various states.

Despite Bitcoin's decline to $16,000 during the last market downturn, Saylor expressed confidence in its long-term potential.

He emphasized that achieving the projected price milestone may involve considerable price volatility due to Bitcoin's inherent nature.

Saylor cautioned that while he anticipates Bitcoin's journey to $21 million will include significant fluctuations, he believes these will stabilize over time.

Under Saylor's leadership, Strategy has aggressively expanded its Bitcoin holdings, recently acquiring an additional $1 billion worth, totaling approximately 592,100 BTC as of mid-June 2025.

Although Saylor has faced criticism for his stance against self-custody of Bitcoin, he has recently indicated support for it among individuals capable of managing it effectively.

He attributes his bullish outlook to unexpected developments over the past 11 months, including the White House's embrace of Bitcoin, which he described as extraordinary.