Bitcoin Price Prediction 2025-2029: Michael Saylor Forecasts Massive Gains Despite Market Dip
Michael Saylor, the outspoken executive chairman of Strategy (formerly MicroStrategy) and one of the most prominent Bitcoin advocates, continues to bet big on the cryptocurrency even as it faces a challenging end to 2025.
On December 29, 2025, Strategy announced it had acquired 1,229 BTC for approximately $108.8 million, at an average price of $88,568 per coin. The purchase, funded through the sale of Class A common stock, brings the company’s total holdings to 672,497 Bitcoin—valued at roughly $59 billion at current prices and making it the largest corporate holder of the asset worldwide.
Saylor confirmed the transaction on X, stating: “Strategy has acquired 1,229 Bitcoin for $108.8 million at $88,568 per Bitcoin and has achieved BTC Yield of 23.2% YTD 2025.”
This latest buy comes despite Bitcoin trading around $87,000-$88,000, down significantly from its October peak above $123,000 and marking a roughly 8% decline for the year overall. The move underscores Saylor’s unwavering confidence in Bitcoin’s long-term potential.
Saylor’s Bold Bitcoin Price Targets
Saylor has maintained an ultra-bullish stance, predicting Bitcoin could reach $150,000 by the end of 2025 before climbing to $1 million by the end of 2029—a potential 1,049% surge from current levels around $87,000.
His optimism hinges on accelerating institutional adoption, fueled by spot Bitcoin ETFs launched in 2024, pro-crypto policies under the Trump administration in 2025, and the creation of a U.S. Strategic Bitcoin Reserve. Saylor also views Bitcoin as “digital gold,” expecting its market cap (currently ~$1.75 trillion) to eventually rival physical gold’s $30 trillion valuation, implying 15-20x growth.
At a recent event during Binance Blockchain Week in Dubai, Saylor addressed market volatility head-on: “There’s volatility in the market, there’s sound and fury, there’s scepticism, but there [was] scepticism about electricity, automobiles and airplanes,” he said. “There’s always going to be scepticism of the new … I wouldn’t be afraid,” he added. “Don’t run away from the fire, run towards the fire.”
Risks and Counterarguments in the Bitcoin Outlook
While institutional inflows and regulatory tailwinds support Saylor’s thesis, skeptics point to Bitcoin’s underperformance compared to gold this year—down 8% versus gold’s 65%+ gains—as evidence that the “digital gold” narrative may be faltering.
Historical four-year boom-bust cycles also raise concerns, with potential drawdowns looming in 2026. Despite the arrival of ETFs and large buyers, some analysts question whether Bitcoin has truly entered a permanent “supercycle.”
Strategy’s strategy of issuing shares and debt to fund Bitcoin acquisitions has drawn scrutiny over shareholder dilution, though the company continues aggressive accumulation without selling any holdings.
As 2025 closes, Saylor’s actions speak louder than words: Strategy is positioning for what he sees as Bitcoin’s inevitable rise to become a dominant store of value and global asset class.
