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crypto.news 2025-03-03 19:32:43

Saylor: Bitcoin could grow 20% annually, surpassing $200 trillion market cap

Strategy’s Executive Chairman Michael Saylor told CNBC that Bitcoin’s market capitalization is on track to reach $20 trillion—and eventually $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.” Saylor, a long-time Bitcoin advocate , has engaged with policymakers from both political parties, including members of the Trump administration. In the interview, he positioned Bitcoin as an asset class that does not compete with the U.S. dollar but rather with global equities and real estate. “Right now, we’re about $2 trillion in Bitcoin. It’s going to $20 trillion, then it’s going to $200 trillion, then it’s growing 20% a year,” he said. He further suggested that if the U.S. acquired 10–20% of the Bitcoin network, it could result in paying off the national debt, he said. You might also like: Dana White’s Power Slap teams up with VeChain for global expansion Bitcoin’s volatility When asked about Bitcoin’s volatility, Saylor dismissed concerns by drawing parallels to historical 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,” he said. Saylor emphasized Bitcoin’s decentralization as a key advantage, noting that it is a digital commodity without an issuer or centralized control. He also highlighted its historical performance, stating, “It’s the best-performing asset in the past 15 years, and generally the best-performing asset every single year.” You might also like: Solana community flocks to Bitcoin’s leading meme layer 2