$21 Million Bitcoin? Saylor Says Yes!

Michael Saylor predicted that Bitcoin could hit $21 million in 21 years.

Author

Danielle du Toit
June 23, 2025

Here's what we've got for you today:

  • Michael Saylor Predicts Bitcoin Will Hit $21M by 2046

  • Hacken Token Crashes and Investor Loses $860,00 in Separate Crypto Scandals

  • Saylor Hints Next Bitcoin Buy as Investor Sues Over Strategy’s Q1 Losses

  • Texas Governor Signs Bill Adding Bitcoin to Official Reserves

At BTC Prague 2025, Michael Saylor turned heads with a bold prediction that Bitcoin could hit $21 million in 21 years.

  • Michael Saylor predicted Bitcoin could reach $21 million within 21 years during BTC Prague 2025. This is a sharp increase from his previous $13 million by 2045 forecast.

  • He pointed to major geopolitical and regulatory shifts as the reason for his bullish outlook.

  • Saylor credited Donald Trump’s 2024 election win as a turning point, as the US is now pursuing a strategic Bitcoin reserve and global dominance in crypto.

Cybersecurity firm Hacken is facing a crisis after the firm revealed a critical private key leak allowed an attacker to mint nearly 900 million of its native HAI tokens.

  • Ukrainian cybersecurity firm Hacken suffered a massive exploit after a private key leak allowed an attacker to mint close to 900 million $HAI tokens. As a result, the token’s value crashed by 98%.

  • The attacker used "minter" privileges on both Ethereum and Binance Smart Chain to flood the market, slashing Hacken’s market cap from $12.7 million to $7.2 million.

  • In a separate incident, a Florida man lost $860,000 in a crypto scam involving a Denver-based education firm and a fake exchange that faked profits before blaming a "system error" for the loss.

Michael Saylor cryptically hinted at another Bitcoin buy despite the fact that the company is facing a lawsuit.

  • Michael Saylor hinted at a potential new Bitcoin purchase by Strategy with a cryptic X post. The company already holds 592,100 BTC worth around $59.7 billion.

  • The post came shortly after Saylor, Strategy, and its executives were sued by an investor over a $5.9 billion unrealized Q1 loss related to their Bitcoin holdings.

  • The lawsuit alleges Strategy misled investors by adopting a new accounting rule that significantly impacted its reported financial results and contributed to a 9% stock price drop.

Texas Governor Greg Abbott signed Senate Bill 21 (SB21), which officially allows the creation of the Texas Strategic Bitcoin Reserve.

  • Texas Governor Greg Abbott signed Senate Bill 21, establishing the Texas Strategic Bitcoin Reserve to hold Bitcoin as a long-term state asset, separate from the general treasury.

  • The reserve will only include assets with a market cap over $500 billion, and will be managed by the state comptroller with guidance from a crypto advisory committee.

  • The fund can grow through purchases, forks, airdrops, and donations, and its performance will be reported publicly every two years.

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