Michael Saylor says Bitcoin won’t reach $150K until long-term investors fully step in.
On the Coin Stories podcast, he explained that many current holders—like lawyers and governments—lack a long-term view and sold during recent rallies.
Now, with spot ETFs and treasury buyers entering, he sees a shift toward more committed investors.
BTC hit $109K in Jan, dropped to $76K in April, and is now rebounding. Spot ETFs saw $564.7M inflows in the past 5 days.
Saylor added:
“I didn’t expect the U.S. Cabinet to adopt Bitcoin so quickly.”
Are we finally seeing real conviction in the market?