Michael Saylor, CEO of investment firm Strategy, has dismissed concerns about a crypto market downturn, asserting that Bitcoin is destined for a price surge to reach a million dollars. According to Saylor, the increased adoption of Bitcoin by companies and institutions along with limited daily supply will drive this growth. ‘Winter is not coming back,’ Saylor stated in an interview with Bloomberg. ‘Weβre past that phase; if Bitcoin isn’t going to zero, it’s going to $1 million.’ π° π Saylor cites the scarcity of Bitcoin with only around $50 million worth of daily supply available for sale by miners as a key factor driving price increase. This limited supply, he says, will necessitate a substantial price hike. π