Michael Saylor, chairman of the board of MicroStrategy, shared his price forecasts for 2045 at the Bitcoin 2024 conference held in the US.

Saylor believes that Bitcoin will reach $3 million by 2045 in the worst case scenario. In this case, Bitcoin will account for 2% of all global wealth. The market value will also increase to $68 trillion. For Bitcoin to be $3 million in the next 21 years, its average annual return will need to be 21%.

According to Saylor, the most likely scenario is that the price will be $13 million by 2045. The MicroStrategy founder shared that if a value of $13 million per Bitcoin is reached, Bitcoin will take a 75% share among all global assets. This price level will bring Bitcoin a market capitalisation of $280 trillion. On the other hand, in this scenario, the average annual return seems to be calculated as 29%.

Saylor said in his speech that the best scenario is that Bitcoin will reach 2045 by $49 million. Bitcoin’s rise to this price level means a 22% share of global wealth. However, in the best scenario, the market capitalisation is measured at $1 quadrillion. For a price level of $49 million, Bitcoin needs to increase by an average of 37% annually.