Michael Saylor, the billionaire founder of MicroStrategy and a prominent Bitcoin advocate, has doubled down on his bullish outlook, forecasting that Bitcoin will hit $100,000 by the end of December. In an interview with CNBC, Saylor even teased plans for a New Year’s Eve party to celebrate the milestone at his home.
Bitcoin’s recent rally has bolstered his confidence. Following Donald Trump’s election earlier this month, Bitcoin’s price soared to an all-time high of $93,477 before stabilizing at $88,360, as reported by CoinGecko. Saylor credits the surge to optimism about Trump’s pro-crypto stance, which he sees as a sign of a more favorable regulatory landscape for the industry ahead.
“The election of Trump is incredibly auspicious for Bitcoin,” Saylor remarked. Trump, once a skeptic, has emerged as a vocal supporter of Bitcoin, even pledging to overhaul regulatory agencies like the SEC, whose strict enforcement actions have stifled parts of the crypto industry. Saylor sees Trump’s win as a turning point for digital assets, positioning Bitcoin as a top beneficiary of the incoming administration’s policies.
MicroStrategy, the software company Saylor co-founded, has become a de facto Bitcoin proxy for institutional and retail investors. Since 2020, the company has aggressively acquired Bitcoin, leveraging debt to build its holdings, which now stand at 279,420 BTC—currently valued at $25 billion. If Bitcoin reaches $100,000, the stash would be worth nearly $28 billion.
Saylor dismissed concerns about Bitcoin’s notorious volatility, expressing confidence that its price will break past $100,000 in November or December. He emphasized that Bitcoin remains the ultimate long-term investment, describing it as the “digital gold” of the modern era.
MicroStrategy isn’t slowing down either. The company has announced plans to raise $42 billion over the next three years to fund further Bitcoin acquisitions. For Saylor and MicroStrategy, Bitcoin is not just a speculative asset but a core part of their corporate strategy and vision for the future of finance.
As Bitcoin’s price nears the $100,000 milestone, the celebration Saylor is planning could very well double as a symbolic moment for the crypto industry, signaling Bitcoin’s maturation as both an asset class and a cultural phenomenon.