Michael Saylor: Regulatory support is the fundamental catalyst for Bitcoin's rise On February 6, Strategy founder Michael Saylor stated during the Q4 2025 earnings call for MSTR that regulatory support is the fundamental catalyst for Bitcoin's rise. He mentioned that we currently have the most constructive regulatory lineup in history, including the Federal Reserve, Treasury Department, CFTC, SEC, and the White House's digital asset leadership. These five factors form a massive bullish signal. The second catalyst is adoption by the banking sector. As major institutions allow trading, custody, and Bitcoin-backed lending, it will legitimize the asset, reduce its volatility, and significantly enhance its utility. He emphasized that the industry's progress relies on enlightened regulation, deeply engaged banking operations, and an innovative financial system. Source: Bitcoin For Corporations, Bitcoin Magazine