Michael Saylor Predicts Bitcoin's End of Crypto Winters, $1 Million Price

Generated by AI AgentCoin World
Wednesday, Jun 11, 2025 11:35 am ET1min read
BTC
--

Michael Saylor, a prominent figure in the cryptocurrency world, has expressed his belief that the era of crypto winters is over for Bitcoin. He asserts that the digital currency has moved beyond this phase and is now on an upward trajectory. Saylor, whose firm Strategy (MSTR) holds a significant amount of Bitcoin, is confident in the asset's future. He stated, “Winter is not coming back. We’re past that phase; if Bitcoin’s not going to zero, it’s going to $1 million.”

Saylor's optimism is backed by his firm's substantial holdings of Bitcoin, which are valued at over $63 billion. He believes that the daily new supply of Bitcoin, approximately 450 coins worth around $50 million, is a key factor in driving its price up. According to Saylor, if this $50 million is bought, the price of Bitcoin will inevitably rise. He points to the increasing accumulation of Bitcoin by public companies, ETFs, and even nation states as evidence of this buying pressure, which he argues is absorbing the entire natural float.

Saylor also highlights the institutional era of Bitcoin, noting that the largest risks are behind it. He cites U.S. policy shifts and a supportive tone from Washington as indicators of this new era. The Strategic Bitcoin Reserve, launched by the U.S. government, further supports his thesis. He believes that Bitcoin has navigated through its riskiest period and that the accounting has been corrected. ETF inflows from firms like

BlackRock
and the involvement of foreign governments, such as Pakistan's announcement to build a national Bitcoin reserve, are further signs of this institutional adoption.

While Saylor is confident in Bitcoin's long-term upward trajectory, he acknowledges that the path may not be smooth. He admits that if Bitcoin reaches $1 million, there could be volatility at the top. However, he views this as a natural characteristic of exponential assets rather than a flaw. Saylor's confidence in Bitcoin's future is unwavering, and he believes that the digital currency is poised for significant growth in the coming years.