Michael Saylor says Bitcoin (BTC) will deliver a 30% average annual return over time, roughly triple what the S&P 500 has historically produced.
Saylor Pegs Bitcoin Floor At $60,000
The Strategy co-founder laid out the case Thursday on CNBC's Squawk Box. He described the asset as entering a "spring phase," supported by firm price levels and a friendly macro backdrop, and pegged $60,000 as the market's bottom.
The 30% figure is not new.
Saylor ties it directly to his projection that Bitcoin reaches $13 million by 2045, a target built on a 29% yearly return sustained across roughly 19 years.
He credits institutional adoption, government treasury strategies, and the fixed supply of 21 million coins as the forces he expects to pull money out of gold and traditional markets.
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Saylor Doubts The 10% Benchmark
The numbers do not back him up yet. Bitcoin is down 12% so far this year, while the S&P 500 has climbed 8%, according to Google Finance figures cited during the interview.
Saylor brushed that off.
He has long argued that short-term swings say nothing about where Bitcoin lands over a decade, and he repeated the point on air. The S&P 500 tracks 500 of the largest publicly traded US companies and has averaged a yearly return near 10%, a record that makes it a familiar anchor for investors.
He also pointed to policy momentum.
Saylor singled out the CLARITY Act, which cleared the Senate Banking Committee last week on a bipartisan 15-9 vote after a four-month delay.
Saylor Eyes Bitcoin Overtaking Gold By 2035
This is not the first time Saylor has staked out this ground. Earlier this year, he said Bitcoin would double or triple the S&P 500's returns over the coming four to eight years, a forecast he made in February as the asset traded below $70,000 following a pullback from October highs above $126,000. His longer view has Bitcoin overtaking gold in total market value by 2035, drawing in capital once locked inside conventional assets.
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