Michael Saylor, co-founder and executive chairman of Strategy Inc. (MSTR), has been invited to attend the Digital Assets Summit at the White House this Friday, hosted by President Donald Trump.
The announcement follows Saylor’s prediction that Bitcoin’s market cap will surge to $200 trillion in the coming years.
Saylor confirmed his invitation in a post on X, stating, "I have been invited to the Digital Assets Summit at the White House this Friday, hosted by the President." The event is expected to bring together key industry leaders, policymakers, and financial experts to discuss the future of digital assets in the United States.
Bitcoin to $200 trillion?
Ahead of the summit, Saylor doubled down on his bullish outlook for Bitcoin, telling CNBC that the asset is on a trajectory to reach unprecedented market capitalization.
"Right now we're about $2 trillion in Bitcoin. It's going to $20 trillion, then it's going to $200 trillion, then it's growing 20% a year," he said.
Saylor pointed out that capital is flowing into Bitcoin from major economies worldwide. "That capital is coming from overseas. It's coming from China, from Russia, from Europe, from Africa, from Asia," he added.
His comments follow President Trump’s announcement that the U.S. would establish a Crypto Strategic Reserve, which will include Bitcoin, Ethereum (ETH), Solana (SOL), XRP, and Cardano (ADA).
MSTR retains Bitcoin, declares dividend
Strategy Inc. also revealed in an SEC filing on March 3 that it has neither sold any shares nor added to its Bitcoin holdings between Feb. 24 and March 2, 2025. The firm still holds 499,096 BTC, acquired for approximately $33.1 billion, at an average purchase price of $66,357 per Bitcoin.
Additionally, the company announced a quarterly cash dividend for its 8.00% Series A perpetual preferred stock (STRK), which will be paid on March 31 to shareholders of record as of March 15.
Strategy’s stock (MSTR) also saw a sharp pre-market rise of 12.6%, before closing 1.77% lower at $250 on Monday.