Saylor Declares Bitcoin Winter Over, Says BTC Headed for $1 Million đ
Strategy co-founder Michael Saylor is brushing off Wall Street skeptics, confidently claiming that bitcoin winter is officially overâand BTC is on the road to $1 million.
đ âShort Strategy at Your Own Riskâ
Strategy just added 1,045 BTC to its reserves, bringing total holdings to a jaw-dropping 582,000 BTCâvalued at over $60 billion. In a Bloomberg interview, Executive Chairman Michael Saylor dismissed criticisms from short seller Jim Chanos and emphasized Strategyâs unique financial model.
đ§ âWeâre the largest issuer of bitcoin-backed credit instruments in the world,â said Saylor, referring to their issuance of STRIKE, STRIDE, and STRIFE preferred shares. These allow the company to raise capital without diluting shareholdersâand last weekâs $110M BTC buy was funded entirely through them.
đ° Bullish Outlook
Saylor reports the company generated $8.4 billion in BTC-dollar gains in the first half of the year and expects $15B in bitcoin-related earnings in 2025.
And his forecast?
> âBitcoin isnât going to zero. Itâs going to $1 million.â
He cited institutional inflows, limited BTC daily supply (just 450 coins), and ETF traction as key drivers.
đ€ On Quantum Computing & AI
Saylor brushed aside fears of quantum threats, saying tech giants would never compromise the cryptography they rely on. As for AI? He believes itâll be one of BTCâs biggest demand drivers:
> âAI will reject legacy banking infrastructure. It needs instant, transparent settlementâand thatâs where Bitcoin shines.â
---
đ§ Final Thought: Whether you think Saylorâs on to something or off the rails, one thingâs clearâheâs not here to play small. And hey, if this post saved you a Google search⊠maybe let your thumb tip the like button. đ
#Bitcoin #MichaelSaylor #CryptoNews #BTC $BTC