MicroStrategy's Michael Saylor Predicts Bitcoin Market Cap Will Reach $200 Trillion

Saylor argued that the U.S. should acquire Bitcoin (BTC) as part of a strategic crypto reserve, calling it the “greatest economic program of the 21st century.”

Strategy's Executive Chairman Michael Saylor has set forth an ambitious vision for Bitcoin, predicting a staggering rise in its market capitalization to $20 trillion (around 88.87% of the total cryptocurrency market cap today).

In an interview with CNBC, Saylor, a fervent supporter of the cryptocurrency, disclosed that Bitcoin's market cap could ultimately swell to $200 trillion, dwarfing even the current values of global equities and real estate.

"It's going to $20 trillion, then it's going to $200 trillion, then it's growing 20% a year," Saylor remarked, outlining his optimistic outlook for the cryptocurrency's future.

The executive also suggested that the U.S. should consider acquiring Bitcoin as part of a strategic crypto reserve, a move he believes could be pivotal in averting a potential financial crisis.

"The greatest economic program of the 21st century is for the United States to acquire 10-20% of the Bitcoin network," Saylor asserted.

This acquisition, he explained, would amount to roughly $1-2 trillion, which could be used to pay off the national debt, leaving an annual interest saving of $800 billion to invest in infrastructure and other critical programs.

Saylor's assertions come as the Trump administration is actively exploring ways to incorporate cryptocurrencies into the U.S. financial system.

However, critics of cryptocurrencies often cite their volatility as a major concern.

When pressed on this point, Saylor responded by putting the issue in perspective with historical examples of U.S. land acquisitions.

"We bought Manhattan for 60 guilders. It was a good trade. We bought Alaska for $6 million. It was a good trade. We paid $40 million for 75% of this country. It's a good trade," Saylor stated, highlighting the enduring value of those investments despite their initial low prices.

He went on to say that the same principle applies to Bitcoin, which he described as a digital commodity with no issuer or centralized control.

"It's the best-performing asset in the past 15 years, and generally the best-performing asset every single year," Saylor added, emphasizing Bitcoin's strong performance in comparison to other major asset classes.