Michael Saylor predicts Bitcoin rise to $1M amid supply crunch
Michael Saylor dismisses crypto winter fears
Michael Saylor, founder of Strategy and one of Bitcoin’s most vocal advocates, has once again reaffirmed his bold prediction: BTC is on track to reach the $1 million mark.
In a recent interview with Bloomberg, Saylor dismissed concerns over a possible return of the “crypto winter,” stating that Bitcoin’s current trajectory is driven by a perfect combination of factors: strong institutional adoption, favorable U.S. policy shifts, and a tightly constrained daily supply of coins.
Limited supply and institutional demand
According to Saylor, miners release only about 450 BTC to the market each day—roughly $50 million at current prices. He argues that institutional investors, including hedge funds, corporations, and even governments, are aggressively buying up this limited supply, leaving little room for price stagnation.
“If $50 million worth of Bitcoin is bought every day, the price has to go up,” he noted.
This week alone, Strategy purchased 1,045 BTC for $110 million, joining a growing list of public companies that are increasing their crypto reserves.
Political support and custody infrastructure
Saylor emphasized that the landscape for Bitcoin has changed dramatically compared to its volatile early years. U.S. regulatory policy has become far more crypto-friendly, with key figures such as SEC Chair Paul Atkins and Treasury Secretary Scott Bessent openly supporting digital assets. Even former President Donald Trump has voiced support for establishing a Strategic Bitcoin Reserve—an initiative now being advanced in Congress.
At the same time, traditional financial institutions are preparing to offer Bitcoin custody services, further boosting trust in the asset. Bitcoin ETFs are also playing a major role in reducing circulating supply. For example, BlackRock’s IBIT fund has already accumulated nearly 700,000 BTC, with assets surpassing $70 billion.
End of crypto winter and new growth phase
Saylor reiterated that Bitcoin has survived its most uncertain phase, characterized by regulatory hostility and accounting confusion. Now, as major players enter the market and the focus shifts toward long-term strategic accumulation, he believes Bitcoin is entering a sustained growth phase.
“Winter is not coming back,” he concluded. “If Bitcoin doesn’t go to zero, it’s going to a million.”
With growing support from governments, Wall Street, and global corporations, Saylor’s forecast is becoming increasingly plausible—suggesting that Bitcoin’s next chapter may be its most powerful yet.
Related: Bitcoin trading volume surpasses its three-day average, signaling strong buyer confidence.
