The post Michael Saylor Says Bitcoin Is Headed for $280T—Here’s Why appeared on BitcoinEthereumNews.com.

Bitcoin may break the $280 trillion market capitalization milestone, according to Saylor. The coin is becoming an alternative to physical gold for asset managers. Strategy Inc. Chairman Michael Saylor has released a jaw-dropping Bitcoin (BTC) price and market capitalization forecast. In his latest speech, Saylor said Bitcoin would become a global powerhouse and predicted a $280 trillion valuation for the leading coin. Strategy Chairman Hails Bitcoin as a Digital Gold Michael Saylor made the bold Bitcoin prediction at Strategy’s Bitcoin for Corporations Conference on May 6. Saylor foresees Bitcoin growing from a $2 trillion valuation to become a $280 trillion asset in the next 20 years. He described Bitcoin as a global monetary asset, the digital gold, 100 times better than gold. Saylor emphasized that most investments termed “smart”, such as hedge funds and pensions, have failed to outperform the S&P 500 Index in the past decade.  However, while the S&P is highly profitable, Saylor noted that Bitcoin has performed like the stock market index at some point. According to him, Bitcoin has a 79% annualized ten-year performance and has grown to become one of the best-performing assets in the last decade. Saylor acknowledged that Bitcoin’s valuation at $280 trillion would still not match the bonds and equity market. However, he pointed out that Bitcoin would become more noticeable once its valuation skyrockets. In a recent update we covered, market experts forecasted that approximately 25% of S&P 500 firms would hold Bitcoin by 2030. As of this writing, the market capitalization of Bitcoin is pegged at $1.9 trillion, with the price hovering around $96,800. Therefore, the price of BTC would have to see a 14,483% increase to hit the $280 trillion market capitalization.  With the current 19.8 million circulating supply, a $280 trillion market cap would culminate in 1 BTC…

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Filed under: News - @ May 8, 2025 8:25 am