“If Bitcoin’s not going to zero, it’s going to $1 million,” Says Michael Saylor
BY
Ben Graham
|
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The co-founder of Strategy (formerly known as MicroStrategy), Michael Saylor, appeared on Bloomberg to assure crypto enthusiasts and Bitcoinists that “Winter is not coming back.”
On Tuesday, 10 June 2025, Saylor told Bloomberg, “We’re past that phase; if Bitcoin’s not going to zero, it’s going to $1 million.” He cited US President Donald Trump’s pro-crypto stance as evidence to support his statements. “Paul Atkins has shown himself to be an enthusiastic believer of Bitcoin and digital assets,” he added.
While speaking to Bloomberg, Saylor also highlighted that the growing number of public companies purchasing Bitcoin are buying “the entire natural supply.” Saylor pointed out that only $450 million worth of natural Bitcoins are available for sale every day.
“The writing is on the wall. Bitcoin is moving higher,” he insisted.
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Strategy Has Accumulated 582,000 Bitcoins
Strategy started purchasing Bitcoin in 2020. “You’ve got 10 years to acquire all the Bitcoin before there is no Bitcoin left for you,” warned Saylor.
Strategy bought $1.4 billion of Bitcoin. “The Bitcoin network is creating only about 3,150 new Bitcoins per week through mining. Strategy bought over 15,000 BTC last week alone,” observed Mike Alfred on X. With 582,000 BTC under control, Strategy’s purchase underscores its strong conviction in Bitcoin and belief that it will rally in the coming years.
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“Apple Should Buy Bitcoin,” Suggests Saylor
CNBC’s “Mad Money” host Jim Cramer took to X yesterday to say that the tech giant Apple’s stock buyback program “is not working right now.”
Replying to him on the platform, true to his image, Saylor suggested, “Apple should buy Bitcoin.”
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Key Takeaways
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