11/06/2025

Michael Saylor from Strategy claims that 'all evidence' suggests that Bitcoin is unlikely to face another crypto winter anytime soon.

Michael Saylor from 'Strategy' dismissed concerns about a return of the crypto market winter, pointing out that increased demand for Bitcoin and limited daily supply will drive its price up to a million dollars.

Saylor told Bloomberg on Tuesday: 'The winter will not return. We have passed that stage; if Bitcoin does not drop to zero, it will reach a million dollars.'

In April, ARK Invest, an asset management company valued at $1 billion, raised its price target for Bitcoin from $1.5 million to $2.4 million by the end of 2030.

Once $50 million worth of Bitcoin is purchased daily, the price should rise.

Saylor stated that about 450 Bitcoins (BTC) are available for sale daily from Bitcoin miners, valued at approximately $50 million at its current price of $109,859, according to CoinMarketCap.

Saylor said, 'If this $50 million is purchased, the price must rise.'

He added that the increasing number of public companies buying Bitcoin is buying the 'entire natural supply'. The 'Strategy' company affiliated with Saylor has accumulated 582,000 Bitcoins since it began purchasing in 2020, valued at approximately $63.85 billion, according to 'Saylor Tracker' data.

'At the current price level, it only takes $50 million to rotate the entire cryptocurrency economy's axis once.'

However, Saylor stated that if Bitcoin's value rises to $500,000 or a million dollars, it may be more reasonable to expect 'a drop of about $200,000 per coin.'

Trump's and the U.S.'s support for cryptocurrencies is another important factor.

Saylor confirmed that there are enough assurances in the broader economy to support his bearish outlook on these assets. He added: 'We have all the necessary evidence to determine that.'

Former U.S. President Donald Trump's support for Bitcoin, backed by U.S. Treasury Secretary Scott Bensinger and SEC Chairman Paul Atkins, indicated that traditional banks are also preparing to offer Bitcoin custody services.

Saylor said: 'Bitcoin has surpassed its most dangerous periods; the accounts have been corrected.'

Related Topics: Michael Saylor's strategy raises Bitcoin bets with a billion-dollar stock offering.

While Trump publicly announced his support for Bitcoin, the tariffs he imposed in February were widely considered the primary factor behind Bitcoin's 40% drop from its January peak of $109,000.

Saylor also noted that BlackRock and other exchange-traded fund (ETF) providers are purchasing Bitcoin daily, alongside countries entering this field. On May 28, Bilal bin Thaqib, head of the Pakistan Cryptocurrency Board, announced that the country is moving towards creating a strategic reserve of Bitcoin.

JAN3 founder Samson Mow recently stated to Cointelegraph that the U.S. risks becoming 'the precedent for Pakistan' in accumulating Bitcoin if it does not start acquiring Bitcoin for its strategic Bitcoin reserve, which Trump established in March.

Cointelegraph