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Michael Saylor, CEO and Chairman of U.S.-based Strategy (MSTR), said he believes Bitcoin’s most volatile period is over, reaffirming his long-term projection that the cryptocurrency is on track to reach a $1 million valuation.
“Bitcoin is not going to zero, it’s going to a million,” Saylor asserted, adding that the so-called crypto winter is not coming back. He cited growing institutional interest and political backing in the U.S. as indicators of Bitcoin’s increasing legitimacy.
As of June 8, 2025, Strategy holds 582,000 Bitcoins, with the company’s portfolio now valued at over $63 billion. This year alone, the firm earned $8.4 billion from its Bitcoin holdings.
In an interview with Bloomberg, Saylor highlighted Japan-based Metaplanet as a notable example of corporate Bitcoin adoption.
The company’s market capitalization surged from $10 million to $5 billion in a short period and is now planning to raise billions more through the Tokyo Stock Exchange, drawing significant liquidity from Japanese markets.
Saylor described these developments as fostering cooperation rather than competition, suggesting that firms expanding Bitcoin adoption not only reinforce their own market position but also help grow the broader ecosystem.
Bitcoin has been hovering above the $100,000 mark since early May, when renewed optimism over U.S.–China trade relations helped boost investor sentiment.
The rebound followed Geneva talks aimed at easing tariff tensions, which, alongside proposed U.S. legislation to loosen crypto regulations, propelled Bitcoin to a new record high of $111,746.
The $100,000 level was first reached during the rally that followed Donald Trump’s victory in the U.S. presidential election, marking a key psychological milestone for the cryptocurrency market. Since then, Bitcoin has managed to sustain levels above that threshold, supported by favorable macroeconomic signals and a steady influx of institutional investment.
As of 12:39 GMT on June 11, Bitcoin is trading at $109,539.81, according to CoinMarketCap. The cryptocurrency’s fully diluted market value—representing the total value of all possible coins in circulation—currently stands at approximately $2.3 trillion.
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