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.