Michael Saylor, co-founder of MicroStrategy, has projected that Bitcoin will deliver an average annual return of 30%, potentially tripling the S&P 500's historical average of 10%. Speaking on CNBC's Squawk Box, Saylor described Bitcoin's current market position as entering a "spring phase," supported by strong fundamentals and a favorable market environment.
Saylor's bold prediction includes Bitcoin reaching $13 million by 2045, driven by factors such as institutional adoption, government treasury strategies, and Bitcoin's fixed supply. Despite Bitcoin's 12% decline this year compared to the S&P 500's 8% gain, Saylor remains optimistic, citing regulatory developments like the CLARITY Act and potential SEC guidelines for securities tokenization as catalysts for future growth.
Michael Saylor Predicts Bitcoin to Outperform S&P 500 with 30% Annual Returns
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