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Michael Saylor rejects crypto winter fears, says Bitcoin ‘going to $1M’

cryptoweekly by cryptoweekly
June 11, 2025
in bitcoin, News
0

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.

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Recent Posts
  • ‘Crypto-native’ asset managers quadruple onchain holdings since January
  • Iran orders crypto exchange curfew after $100M Nobitex hack
  • ‘Stablecoin summer’ as Coinbase, Circle surge on stablecoin bill
  • Trump on GENIUS stablecoin bill: ‘Get it to my desk, ASAP’
  • Czech gov’t resists 4th overthrow attempt amid $45M Bitcoin scandal
  • SOL price rally to $200 brewing, but 3 key catalysts must happen first
  • Pavel Durov warns France is experiencing societal collapse

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