Arthur Hayes: Bitcoin Needs the Fed to Restart the Printing Press to Break $500,000

Odaily Planet Daily reports that Arthur Hayes stated Bitcoin will not see substantial growth until the Federal Reserve provides liquidity to fill the black hole in bank balance sheets. He believes AI is destroying the income of knowledge workers and leading to consumer credit defaults, which will ultimately force the Federal Reserve to intervene, thereby boosting Bitcoin. Arthur Hayes predicts Bitcoin will reach $150,000 to $200,000 by the summer of 2026, $250,000 to $500,000 by the end of 2026, and $1 million by 2028. Michael Saylor posted on the X platform that Strategy has spent approximately $2.54 billion to purchase 34,164 Bitcoins at an average price of about $74,395. As of April 19, 2026, the institution holds a total of 815,061 Bitcoins, with a total acquisition cost of approximately $61.56 billion and an average price of about $75,527. He believes that corporate and ETF accumulation will lead to nonlinear repricing. If Strategy holds 7.5% of Bitcoin's total supply, the long-term target price is $10 million.