Michael Saylor rejects crypto winter fears, says Bitcoin ‘going to $1M’
Strategy’s Michael Saylor claims that “all the evidence” indicates Bitcoin is unlikely to face another crypto winter anytime soon.
Strategy’s Michael Saylor has rebuffed fears that a crypto market winter will return, suggesting Bitcoin’s increased adoption and constrained daily supply will see it rally to $1 million.
“Winter is not coming back,” Saylor told Bloomberg on Tuesday. “We’re past that phase; if Bitcoin’s not going to zero, it’s going to $1 million.”
Billion-dollar asset manager ARK Invest in April raised its “bull case” Bitcoin price target from $1.5 million to $2.4 million by the end of 2030.