Michael Saylor Shrugs Off Crypto Winter, Eyes $1M BTC
From Cointelegraph
June 10, 2025 10:39 PM:
Strategy’s Michael Saylor predicts Bitcoin hitting $1 million, citing increased adoption and limited supply. ARK Invest raises bull case target to $2.4 million by 2030. Once $50M in daily Bitcoin is bought, price must rise, says Saylor. Trump and US support for crypto also key factors in forecast.
Saylor’s firm holds 582,000 Bitcoin worth $63.85 billion. Public companies buying up natural supply. Saylor warns of potential crash if Bitcoin surges to $500,000 or $1 million. Trump’s support and traditional banks entering crypto space provide further confidence in asset’s future. US government strategic Bitcoin reserve in focus.
BlackRock, ETF providers, and nation states increasing Bitcoin holdings. Pakistan establishing Bitcoin reserve, raising concerns of US falling behind. Saylor urges US to acquire Bitcoin for its Strategic Bitcoin Reserve. Analysts predict Elon Musk Dogecoin pump and SOL hitting $300 in 2025. Investment decisions should be made after conducting personal research.
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