This BlackRock ETF Could Soar 12,770%, According to Billionaire Michael Saylor

Core Viewpoint - Michael Saylor, founder of Strategy, has shifted his focus to Bitcoin, accumulating significant amounts of the cryptocurrency, with a net worth of $9.3 billion [1][6]. Group 1: Bitcoin Price Predictions - Saylor predicts Bitcoin could reach $13 million per unit by 2045, implying a potential 12,770% upside from current prices [2][4]. - Bitcoin has been the best-performing asset over the past decade, with a price increase of 41,820% [4]. - Saylor's base case suggests a 129-fold gain from Bitcoin's current trading price of $101,000 [4]. Group 2: Market Dynamics - Bitcoin has a fixed supply of 21 million coins, which Saylor believes will lead to increased demand as capital flows from other asset classes into Bitcoin [5]. - The forecast anticipates that 7% of global wealth could be allocated to Bitcoin, driving its price higher [5]. Group 3: Investment Vehicles - The approval of spot Bitcoin ETFs, particularly the BlackRock iShares Bitcoin Trust, has provided a new avenue for investors to gain exposure to Bitcoin [8]. - As of June 23, 2025, the iShares Bitcoin Trust had $71 billion in assets, making it the most successful Bitcoin ETF [8]. - The ETF allows investors to track Bitcoin's price movements without directly owning the cryptocurrency, offering convenience and regulatory compliance [9][10]. Group 4: Cost and Accessibility - The iShares Bitcoin Trust has a low expense ratio of 0.25%, making it accessible for institutional investors [11]. - This ETF provides a seamless investment option for those looking to participate in the Bitcoin market without the complexities of cryptocurrency wallets [10].