Michael Saylor shared on Bloomberg that the period of Bitcoin's severe collapse, also known as the 'crypto winter,' has ended. He believes that Bitcoin is now no longer at risk of returning to zero and is on a long-term journey towards a price of 1 million USD per coin. Saylor pointed out that support from financial institutions and political figures is increasing, including President Trump, his cabinet, as well as officials like Scott Bessent and Paul Atkins, along with the participation of banks and several countries.

He emphasized that the new supply of Bitcoin from mining activities is now only about 450 BTC per day (equivalent to 50 million USD), and this entire amount is being fully absorbed by companies holding Bitcoin reserves and ETF funds like BlackRock. With more and more large businesses showing interest, such as Trump Media raising 2.5 billion USD and GameStop raising 500 million USD, Saylor believes that demand will continue to far exceed supply.

Therefore, he thinks that the price of Bitcoin will continue to face upward pressure, and if there are adjustments, they will only occur when the price has reached extremely high levels, such as dropping from 1 million USD to 800 thousand USD, rather than from 60 thousand to 15 thousand as in previous cycles.