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Michael Saylor Says Crypto Winter Isn't Coming, BTC to $1M

  • On June 10, 2025, Michael Saylor, Executive Chairman of Strategy, announced that the crypto winter has ended and forecasted that Bitcoin’s value will eventually reach $1 million each.
  • This bullish outlook results from Strategy's aggressive Bitcoin purchases since 2020, accumulating 582,000 BTC amid increasing institutional demand and regulatory support.
  • Saylor emphasized that the limited daily supply of Bitcoin from miners, combined with significant purchases from corporate holders, support from the U.S. government, and increased activity from spot Bitcoin ETFs, are all contributing to upward pressure on Bitcoin’s price.
  • He pointed out that approximately 450 BTC are mined daily, equating to about $50 million in value, and mentioned that if this amount is purchased at current market prices, it would likely drive the price upward, though he also cautioned that a correction of $200,000 could occur following a rally.
  • These developments imply growing institutional and political support is creating upward pressure on Bitcoin, suggesting sustained price appreciation and reduced likelihood of future crypto winters.
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cryptocrunchapp.com broke the news in on Tuesday, June 10, 2025.
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