
CoinDesk Podcast Network Saylor: 'I Expect Bitcoin Will Appreciate 30% a Year for the Next 20 Years'
Dec 19, 2025
Michael Saylor, founder of Strategy and a leading voice in corporate Bitcoin treasuries, shares his insights on Bitcoin's evolution from a niche investment to a widespread asset. He discusses the rise of digital credit products that aim to mitigate volatility and enhance stability. Saylor confidently predicts a 30% annual appreciation for Bitcoin over the next two decades, while addressing the importance of ongoing education in the digital asset space. He also highlights the impact of regulatory changes and forthcoming innovations in digital finance.
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Make Digital Credit The Operating Business
- Treasury companies should build digital credit products as their core operating business.
- Offer currency‑matched, high‑yield treasury instruments to attract cash markets away from money markets.
Rapid Product Launches And Large Market Opportunity
- Strategy sold about $7 billion of digital credit within ten months and launched multiple IPOs.
- Saylor highlights the market opportunity versus the U.S. treasury market's trillions in demand.
Public Operating Status Enables Digital Credit
- Operating companies can create public, tradable credit that closed‑end trusts and ETFs cannot.
- That public status enables continuous issuance, liquidity, and structured finance innovation.

