Bitcoin will appreciate by 21% annually over the next 21 years, says Strategy CEO

Source: PortaldoBitcoin Original Title: “Bitcoin will appreciate 21% annually over the next 21 years,” says Strategy CEO Original Link: Strategy CEO, Phong Le, stated that Bitcoin has the potential to appreciate, on average, 21% per year for the next 21 years, in line with a long-term model often cited by Michael Saylor, founder and leading advocate of the company’s accumulation strategy.

The projection was presented in an interview on the “What Bitcoin Did” podcast and reinforces the view that the digital asset can continue to outperform traditional markets even in scenarios of more moderate growth than seen in previous cycles.

According to Phong Le, the expectation of a 21% annual appreciation is considered reasonable when compared to the historical performance of the S&P 500, which records annualized returns in the range of 14% to 15%. For the executive, as long as Bitcoin maintains returns above this level, whether gains of 30% or 18% per year, the asset will continue to offer an attractive value proposition for long-term investors.

He highlighted that the thesis does not depend on extremely optimistic projections, but on maintaining fundamentals that differentiate Bitcoin from other asset classes.

Annual returns can reach 50%

Looking at a shorter horizon, of four to five years, Strategy’s CEO said he believes Bitcoin can still deliver annualized returns between 40% and 50%, driven by structural factors. Among them are the non-sovereign nature of the asset, the technological robustness of the network, the limited supply to 21 million units, and the growing recognition of Bitcoin as a store of value on a global scale.

In Le’s view, these elements create a unique combination of scarcity, security, and liquidity, difficult to replicate with other financial instruments.

The statements reinforce Strategy’s strategy of utilizing both equity and debt instruments to expand its exposure to Bitcoin, betting on a trajectory of consistent appreciation in the long term.

For the executive, the flexibility between equity and debt allows the company to navigate market cycles while maintaining focus on the accumulation of the asset, based on the premise that time tends to favor a decentralized and scarce digital monetary system.

In this context, the average growth outlook of 21% per year emerges not as an extraordinary promise, but as a natural consequence of Bitcoin’s consolidation as one of the main financial assets of the 21st century.