PANews
PANews|Jun 11, 2025 02:00
Michael Saylor: Bitcoin will no longer have a bear market, and the price will reach $1 million per coin Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), said in an interview that Bitcoin has passed its most dangerous stage and will not experience a bear market again in the future. He predicted that the price of Bitcoin will reach $1 million and emphasized that senior US government officials support Bitcoin. Saylor revealed that MicroStrategy is building a unique business model through the issuance of Bitcoin guaranteed bonds and preferred stocks, and has completed three Bitcoin guaranteed preferred stock issuances in the past five months. The company's full Bitcoin balance sheet gives it an advantage in developing innovative financial products and is competing with the $100 trillion traditional bond and preferred stock ETF market. In addition, the market value of Japanese listed company Metaplanet has soared, which Saylor believes indicates that international capital is accelerating its influx into the Bitcoin field, and the next decade may be the last window for acquiring Bitcoin.
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