The chairman of "Strategic" company, Michael Saylor, rejected the increasing warnings about the return of the "cryptocurrency winter", asserting that the toughest phase has passed, and that Bitcoin is on its way to the one million dollar barrier.
In an interview with "Bloomberg", Saylor stated: "The winter will not return. We have passed that stage. If Bitcoin does not go to zero, it is heading to a million," according to what "Al Arabiya Business" has reported.
Saylor pointed out that the daily supply of Bitcoin does not exceed 450 units, which is equivalent to about 50 million dollars at the current price of 109,859 dollars. He added: "If this entire supply is purchased, the price must rise," confirming that major companies are now consuming the entire natural supply from the market.