Can Michael Saylor's Bitcoin Growth Forecast Hold Up for Strategy Investors Over the Next 20 Years

Key Points Strategy Executive Chairman Michael Saylor has said he thinks that two decades from now, a single Bitcoin could be worth more than $12 million. Strategy's business model and valuation depend on bullish sentiment toward Bitcoin. Saylor's forecast isn't impossible, but it looks highly optimistic. 10 stocks we like better than Strategy › Last month, Strategy (NASDAQ: MSTR) founder and Executive Chairman Michael Saylor predicted that Bitcoin's token price would grow at a 30% compound annual rate over a 10-year period. At the time, the market-leading cryptocurrency was trading at roughly $64,500. As of this writing, Bitcoin is already up roughly 20% since Saylor made his prediction.