Michael Saylor Predicts Bitcoin Will Soar to $1 Million Amid Digital Gold Rush

Michael Saylor, Executive Chairman and CEO of Strategy, recently reiterated his bullish stance on Bitcoin’s long-term value in an interview with Bloomberg, as reported by COINOTAG News on June 11th. Saylor underscored that Bitcoin is unlikely to depreciate to zero, projecting a potential surge to $1 million per coin. He described the current market environment as a “digital gold rush,” urging investors to accumulate Bitcoin within the next decade before supply constraints intensify.

Highlighting the evolving market dynamics, Saylor dismissed the likelihood of future bear markets for Bitcoin, asserting that the asset has surpassed its most volatile phase. He emphasized strong institutional and governmental backing, noting support from the U.S. President, Treasury Secretary Janet Yellen, and SEC Chairman Paul Atkins. This convergence of regulatory endorsement and market maturity, according to Saylor, positions Bitcoin for sustained growth and resilience in the digital asset ecosystem.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.