SwanDesk CEO says Michael Saylor has reversed his BTC predictions 50 times
December 04, 2025, 1:33 AM
Jacob King, CEO of crypto media outlet SwanDesk, criticized Strategy (MSTR) co-founder Michael Saylor, stating that Saylor has reversed his Bitcoin price predictions approximately 50 times and that they have all been incorrect. King added that while the U.S. dollar's purchasing power has declined by 39% over 19 years, Bitcoin fell by the same amount in just two weeks, leading him to conclude that the cryptocurrency is useless. The comments contrast with Saylor's own forecast, shared in a previous CNBC interview, where he predicted BTC could reach $150,000 by the end of this year, $1 million within four to eight years, and $20 million within 20 years.
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