Michael Saylor Predicts Bitcoin’s Price to Reach $1 Million

In a recent interview with Bloomberg, Michael Saylor, CEO of MicroStrategy, declared the Bitcoin bear market officially over and predicted the cryptocurrency’s price to reach a million dollars per coin. He believes this surge is due to Bitcoin’s status as a digital gold rush asset, backed by political and institutional support from across the globe. He cites U.S. President backing, cabinet members’ involvement, and influential financial figures as evidence of this positive trend. This support has helped overcome Bitcoin’s most risky period, according to Saylor. He highlighted growing international interest with Metaplanet’s rapid expansion in the market and capital raising, demonstrating increasing global cooperation within the Bitcoin ecosystem. Saylor further emphasizes his long-term vision for Bitcoin’s value, projecting its market capitalization to reach $280 trillion by 2045, potentially surpassing gold’s current value by more than five times.