Michael Saylor, Founder and Executive Chairman of Strategy, forecasts Bitcoin's price could soar to $20 million, driven by institutional adoption and regulatory changes. Saylor highlights the potential for banks to hold Bitcoin as collateral, which could significantly advance its adoption. He also points out that the rehypothecation of crypto assets is currently suppressing Bitcoin prices, suggesting that a decrease in such practices could lead to a substantial price increase. Saylor emphasizes Bitcoin's potential to become the dominant digital capital globally, with international recognition as a legitimate asset being crucial for its long-term value. He draws parallels between Bitcoin's adoption curve and real estate dynamics, noting that safety and financing options play a significant role in asset price appreciation. Saylor's confidence in Bitcoin's future is based on its historical performance and market potential, underscoring its role in the global economy.