Michael Saylor, co-founder and executive chairman of Strategy, the largest corporate holder of Bitcoin, believes the top cryptocurrency could soar to $150,000 before 2025 ends.
Speaking with CNBC during the Money 20/20 conference in Las Vegas, Saylor described the past year as “probably the best 12 months in the history of the entire crypto industry.”
He pointed to a wave of positive regulatory developments in the United States — including the SEC’s growing openness to tokenized assets and U.S. Treasury Secretary Scott Bessent’s support for stablecoins as a tool to strengthen the dollar’s global position — as key reasons behind his bullish outlook.
“Our current projection is around $150,000 by the end of the year,” Saylor said. “That’s roughly in line with the consensus among analysts covering both Bitcoin and our company.”
Market optimism returns after October crash
Saylor’s projection comes as the crypto market continues to recover from a severe sell-off triggered by U.S. President Donald Trump’s decision to impose an additional 100% tariff on Chinese imports — a move that spooked investors and rattled global markets.
Analysts at The Kobeissi Letter noted that the October plunge was driven mainly by short-term technical pressure rather than a shift in fundamentals, suggesting the broader uptrend in digital assets remains intact.
Meanwhile, U.S. and Chinese officials have recently toned down their rhetoric, signaling openness to renewed negotiations and easing fears of a prolonged trade conflict.
Trump confirmed he will meet with China’s President Xi Jinping at the APEC summit in Seoul this Friday, while Bessent revealed that both nations had reached a “substantial framework” for a new trade deal — a statement widely welcomed across financial markets.
Investor and commentator Anthony Pompliano summed up the mood:
“If a U.S.-China trade deal gets finalized and the Fed cuts rates, markets are going to go wild. Buckle up.”
Bitcoin, which currently trades around $111,000, could be entering the next leg of its long-term bull cycle — with Saylor betting that 2025 will be the year it reaches six-figure territory.
