Bitcoin Million: Saylor Predicts $1M Rally
📰 MicroStrategy CEO Michael Saylor has emphatically rejected fears of a renewed crypto winter, asserting that “we’re past that phase” and predicting a rally toward “Bitcoin million” levels as demand continues to outstrip supply.
📈 Speaking to Bloomberg on June 10, Saylor declared, “Winter is not coming back; if Bitcoin’s not going to zero, it’s going to $1 million,” underscoring his conviction that adoption trends and institutional interest will propel a “Bitcoin million” outcome.
🔍 Billion-dollar asset manager ARK Invest reinforced that bullish outlook in April by raising its bull-case target from $1.5 million to $2.4 million by the end of 2030, a forecast that further fuels the narrative of a looming “Bitcoin million” milestone.
💼 According to Saylor, Bitcoin miners release roughly 450 BTC daily—about $50 million at current prices—and “if that $50 million is bought, then the price has got to move up,” a dynamic he believes will naturally drive us toward “Bitcoin million” territory.
🌐 Public companies are already snapping up “the entire natural supply,” Saylor noted, pointing out that MicroStrategy alone holds 582,000 BTC—worth about $63.85 billion—since it began accumulating in 2020, a scale of buying consistent with a march to million status.
💡 “At the current price level, it only takes $50 million to turn the entire driveshaft of the crypto economy one turn,” Saylor said, emphasizing that this daily buying pressure is a direct path toward “Bitcoin million” valuations.
⚖️ He did caveat that should Bitcoin surge to $500,000 or $1 million, those peaks might be followed by corrections—“crashing down by about $200,000 a coin”—but maintained that such fluctuations still orbit around a larger trajectory toward “Bitcoin million.”
🏛️ Saylor also highlighted key endorsements in the wider economy—US President Donald Trump’s public backing of Bitcoin, support from Treasury Secretary Scott Bessent, and pro-crypto signals from SEC chair Paul Atkins—as further pillars supporting a “Bitcoin million” rally.
🗽 Traditional banks are lining up to offer custody services, Saylor added, a sign he interprets as confirmation that “Bitcoin has gotten through its riskiest period; the accounting has been corrected,” laying the groundwork for “Bitcoin million” momentum.
🌍 He pointed to daily purchases by BlackRock and other Bitcoin ETF providers, along with nation states like Pakistan moving to establish strategic reserves, as additional catalysts making “Bitcoin million” increasingly plausible.