Michael Saylor, the outspoken Executive Chairman of MicroStrategy, has made another bold declaration: the crypto winter is over, and Bitcoin is on track to reach $1 million.
At a time when some on Wall Street are questioning MicroStrategyās aggressive Bitcoin strategy, Saylor is pushing back hardāand with receipts
š 582,000 BTC and Counting: MicroStrategy Doubles Down
Just this week, MicroStrategy added 1,045 BTC to its already massive treasury, bringing its total Bitcoin holdings to 582,000 BTC, worth over $60 billion at current prices.
This latest purchase, valued at $110 million, wasnāt funded through selling equity or debt but through a unique set of bitcoin-backed financial instrumentsānamely STRIKE, STRIDE, and STRIFE. These instruments allow the company to raise capital without diluting shareholders.
Saylor explained, āWeāve become the largest issuer of bitcoin-backed credit in the world. No one else is doing what weāre doing at this scale.ā
š§ Dismissing Critics: āThey Donāt Understand Our Modelā
Recently, short seller Jim Chanos criticized MicroStrategyās valuation and the premium its stock trades at compared to spot Bitcoin. Saylor quickly fired back, saying critics misunderstand the company's business model.
āThis isnāt a passive Bitcoin trust. Weāre an operating company thatās actively building value through intelligent capital strategies,ā said Saylor.
He revealed that in just the first two quarters of 2025, MicroStrategy generated $8.4 billion in BTC dollar gains, and itās projecting $15 billion in Bitcoin related earnings by year-end.
š The Road to $1 Million BTC
When asked about the future of Bitcoin, Saylor made his position clear:
> āWinterās not coming back. Bitcoinās not going to zeroāitās going to a million.ā
Saylor pointed to several key drivers:
Growing institutional interest
Ongoing ETF inflows
A fixed and decreasing daily supply of just 450 BTC
He also noted that it doesnāt take much capital to make a big impact in the market right now.
> āOnly $50 million in fresh capital is enough to restart the engine of the crypto economy,ā he added.
š§ On Quantum Threats: āBitcoin Is Safer Than You Thinkā
Some have raised concerns that quantum computing could threaten Bitcoinās cryptographic security. But Saylor isnāt worried.
He argued that companies like Google and Microsoft the leaders in quantum researchāare unlikely to undermine cryptography since their entire business models depend on it.
> āBitcoin is actually less vulnerable than most digital systems. And any major tech threat would be telegraphed years in advance, giving the protocol time to adapt,ā he said.
š¤ AI + Bitcoin = The Future of Finance?
Perhaps the most exciting part of the interview came when Saylor discussed artificial intelligence.
> āAI is going to be one of the biggest demand drivers for Bitcoin,ā he claimed.
āMachines will execute 100,000 transactions per minute. They need a fast, transparent, and programmable settlement layerāand the legacy banking system isnāt built for that.ā
Instead, he envisions a future where Bitcoin and Layer 2 networks serve as the backbone of machine-to-machine financial interactions.
š§ Final Thoughts
Michael Saylor isnāt just betting on Bitcoināheās building a business around it. And with over half a million BTC under management and a vision that stretches into a hyper-digital, AI-powered future, heās making a strong case that MicroStrategyās bullish strategy might just be ahead of its time.
Love him or hate him, one thingās for sure: Saylor isnāt backing downāand heās not alone in thinking Bitcoinās best days are still ahead.