I recently came across an interesting interview with Michael Saylor, and his vision for the future of Bitcoin deserves attention. The guy who turned MicroStrategy into one of the largest corporate holders of BTC with over 760,000 coins expressed a rather bold forecast: Bitcoin could reach $20-21 million.

Right now, that sounds crazy when BTC is trading around $77,000, but Saylor is convinced that the market is currently oversold. His logic is simple: current prices do not reflect the real potential, and by the end of the year, the situation should change dramatically.

What caught my attention in his analysis is not just optimism, but specific mechanisms that could push the price upward. First, institutional adoption. If regulators allow banks to hold Bitcoin as collateral without penalties, it will open a completely new market. Saylor points out that creating loans backed by BTC could absorb the entire annual supply volume of Bitcoin — that’s huge potential.

The second key idea concerns re-hypothecation. In his view, it is re-hypothecation of crypto assets that is currently putting downward pressure on prices. When people stop re-pledging their Bitcoin and start demanding its return, the price will “rocket to the moon.” This is an interesting perspective on market dynamics that many overlook.

Saylor also draws a parallel with real estate. Home prices spike when people feel secure and traditional financial systems provide financing. The same could happen with Bitcoin. When global recognition is sufficient — when Americans, Europeans, Chinese, and Japanese acknowledge BTC as a legitimate capital asset — the adoption curve could accelerate exponentially.

As for Michael Saylor’s Bitcoin prediction that Bitcoin will become the dominant digital currency in the world, it’s no longer just speculation. It’s a vision based on an understanding of how financial systems work. Creating credit instruments based on Bitcoin could turn a highly volatile asset into a more stable store of value.

Of course, much depends on regulatory changes and how quickly institutions will adapt. But if Michael Saylor’s Bitcoin prediction is correct, we are only at the beginning of this cycle. It will be interesting to see how these ideas are implemented in practice in the coming years.