Michael Saylor Rebuffed Fears of Bitcoin (BTC) Winter Return, Suggesting an Upward Trajectory to $1M

Strategy's Michael Saylor has rebuffed fears that a crypto market winter will return, suggesting Bitcoin's increased adoption and constrained daily supply will see it rally to $1 million.

Winter isn’t coming back to crypto markets and Bitcoin will either go to zero or $1 million, according to the asset’s biggest bull, Michael Saylor.

Speaking on Tuesday, the founder of billion-dollar asset manager Strategy (formerly MicroStrategy) said that fears over a return to bearish conditions are misplaced given Bitcoin’s increased adoption and constrained daily supply.

“We’re past that phase; if Bitcoin’s not going to zero, it’s going to $1 million. You have all the evidence you need to determine that,” Saylor told Bloomberg, adding that it may be more realistic to forecast the cryptocurrency crashing down by about $200,000 a coin if it surges to $500,000 or $1 million.

At present, approximately 450 Bitcoin (BTC) are available for sale each day by Bitcoin miners, amounting to a value of roughly $50 million at its current price of $109,859, according to CoinMarketCap.

“If that $50 million is bought, then the price has got to move up. And then we have all the public companies buying the entire natural supply,” Saylor added.

According to Saylor Tracker data, Strategy has accumulated 582,000 Bitcoin since it began purchasing in 2020, which is currently worth approximately $63.85 billion.

Saylor’s comments come as Trump’s administration is seen increasingly engaging with crypto, with Treasury Secretary Scott Bessent and Securities and Exchange Commission chair Paul Atkins both making remarks in support of the asset class.

"What President Trump did in February was put tariffs on $500 billion of Chinese goods, which caused a $1 million crash in the Bitcoin market, and Treasury Secretary Scott نشست_کن transversal_summary:output: Winter isn’t coming back to crypto markets and Bitcoin will either go to zero or $1 million, according to the asset’s biggest bull, Michael Saylor.

Speaking on Tuesday, the founder of billion-dollar asset manager Strategy (formerly MicroStrategy) said that fears over a return to bearish conditions are misplaced given Bitcoin’s increased adoption and constrained daily supply.

“We’re past that phase; if Bitcoin’s not going to zero, it’s going to $1 million. You have all the evidence you need to determine that,” Saylor told Bloomberg, adding that it may be more realistic to forecast the cryptocurrency crashing down by about $200,000 a coin if it surges to $500,000 or $1 million.

At present, approximately 450 Bitcoin (BTC) are available for sale each day by Bitcoin miners, amounting to a value of roughly $50 million at its current price of $109,859, according to CoinMarketCap.

“If that $50 million is bought, then the price has got to move up. And then we have all the public companies buying the entire natural supply,” Saylor added.

According to Saylor Tracker data, Strategy has accumulated 582,000 Bitcoin since it began purchasing in 2020, which is currently worth approximately $63.85 billion.

Saylor’s comments come as Trump’s administration is seen increasingly engaging with crypto, with Treasury Secretary Scott Bessent and Securities and Exchange Commission chair Paul Atkins both making remarks in support of the asset class.

"What President Trump did in February was put tariffs on $500 billion of Chinese goods, which caused a $1 million crash in the Bitcoin market, and Treasury Secretary Scott