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Michael Saylor: 'Bitcoin Will Not Return to a Bear Market', Predicts a Reach to $1 Million

2025/06/11 12:50 (Updated 2025/06/11 18:01)
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Written by L.Kikutani
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Michael Saylor: 'Bitcoin Will Not Return to a Bear Market', Predicts a Reach to $1 Million

'The Bear Market Will Never Return'

Michael Saylor, chairman of Strategy Corp. (formerly MicroStrategy), the largest holder of Bitcoin (BTC), declared on a Bloomberg TV program on the 11th that 'the bear market will never return.' He reiterated his bullish prediction that 'Bitcoin will not go to zero, but will reach $1 million.' Saylor cited the U.S. government's supportive stance on cryptocurrencies as a basis. He pointed out that President Trump, Treasury Secretary Scott, and Paul Atkins, nominee for SEC Chairman, are supporters of Bitcoin. He also mentioned that changes in market structure are one of the factors. The current daily mining supply is about 450 BTC (approximately 7.2 billion yen)...

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Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.