• Michael Saylor expects Bitcoin to hit $150K by 2025 and possibly $1M within 8 years.
• Strategy earns S&P B– rating, unlocking access to global institutional capital.
• New Bitcoin-backed credit products offer 8–12.5% returns with tax-free yields up to 20%.
At Money 20/20 in Las Vegas, Michael Saylor didn’t hold back his trademark optimism. The MicroStrategy chairman said he sees Bitcoin hitting $150,000 by the end of 2025, and maybe even soaring to $1 million within the next four to eight years. His conviction? As unshakable as ever.
Speaking with CNBC, Saylor outlined how the world of digital assets is maturing fast — and how his company’s products are evolving alongside it. For him, this shift is all about bringing institutional money deeper into Bitcoin’s orbit. One key milestone: Strategy’s first-ever credit rating from S&P, which landed at B-minus. That makes it the first Bitcoin-focused treasury company to earn an S&P rating, a move Saylor says signals the start of massive institutional capital flows.
“It’s a very auspicious start,” Saylor said, adding that this kind of recognition “opens the door to hundreds of billions — maybe even trillions — of dollars” from investors who normally avoid unrated credit.
Strategy’s New Bitcoin Credit Models
Saylor’s team isn’t just sitting on Bitcoin — they’re building financial products around it. He introduced four new Bitcoin-backed instruments named Strike, Strife, Stride, and Stretch, each designed for different types of investors. These options offer returns ranging from 8% to 12.5%, blending principal protection, dividends, and yield exposure depending on one’s appetite for risk.
And there’s a twist — the payouts are tax-free, structured as returns of capital, effectively giving investors 16–20% tax-equivalent yields. “A treasury company built on Bitcoin,” Saylor explained, “is the most tax-efficient fixed-income generator in the world.”
According to 10X Research, Strategy could join the S&P 500 before the end of the year, with Q3 earnings expected to show a $3.8 billion gain thanks to fair-value Bitcoin accounting. Not bad for a company once criticized for its extreme Bitcoin exposure.
Traditional Finance Starts Catching Up
Beyond Strategy’s milestones, Saylor pointed to a broader wave of Bitcoin acceptance across Wall Street. Giants like JP Morgan, Bank of America, and BNY Mellon are now offering Bitcoin-backed loans and exploring custody solutions for clients. What was once fringe is now mainstream.
“The train has left the station,” Saylor said. “Everybody’s moving forward.” He credited the supportive tone of U.S. regulators — from the White House to the SEC and CFTC — for creating “probably the best 12 months in the history of the industry.”
Looking Ahead: Bitcoin’s Path to $1 Million
Saylor wrapped his talk with a reminder that Bitcoin now plays two major roles in the digital economy: as digital capital and as infrastructure. He described it as “a long-term store of value,” while stablecoins and tokenized currencies become the daily medium of exchange — especially in a world increasingly shaped by AI-driven finance.
Bitcoin’s volatility, he noted, is finally calming as the market matures, with more derivatives, hedging tools, and liquidity available than ever. Analysts covering the company seem to agree: many expect BTC to reach $150,000 by year-end, setting up what could be the start of its next mega-cycle.
Saylor’s closing line summed it all up perfectly — Bitcoin isn’t slowing down; it’s compounding. Over the next 20 years, he sees the cryptocurrency growing by roughly 30% per year, setting the stage for that eye-popping $1 million mark.
