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Michael Saylor Predicts $1 Million Bitcoin Price, Says Crypto Winter Is Over

Vignesh S G11 Jun 20253 min read

Michael Saylor, Executive Chairman and Co-Founder of MicroStrategy, has declared that the era of crypto winters is officially over. In a recent interview, he stated:

“Winter is not coming back. If Bitcoin is not going to zero, it is going to $1 million.”

This bold prediction comes amid growing support from the U.S. government, increasing institutional interest, and strong inflows into the Bitcoin ETF market. Saylor’s remarks have sparked fresh excitement across the cryptocurrency space.

MicroStrategy Holds Over 582,000 BTC

Saylor’s company, MicroStrategy, is the largest public holder of Bitcoin, with 582,000 BTC, valued at over $63.7 billion. Other major public companies include:

  • Marathon Digital – 49,179 BTC
  • Riot Platforms – 19,225 BTC
  • CleanSpark Inc – 12,502 BTC

In total, public companies hold approximately 763,479 BTC, representing 3.636% of the total Bitcoin supply.

Bitcoin Supply Remains Scarce Amid Daily Demand

Currently, only around 450 BTC are mined each day (144 blocks/day * 3.125 BTC reward per block post-April 2024 halving). Saylor pointed out that if institutional demand continues to absorb this daily supply, the Bitcoin price will inevitably rise.

Institutional interest has surged, driven by U.S. regulatory support and a shift in political sentiment. On just one day, over $431.20 million flowed into Bitcoin Spot ETFs, and this month already saw 4 positive ETF inflow days out of 7.

Strategic Bitcoin Reserves Gaining Global Attention

Countries are also starting to recognize Bitcoin as a strategic asset. Recently, Pakistan announced plans to establish a national Bitcoin reserve—a major shift for a country that once rejected the digital economy.

Meanwhile, the United States established its Strategic Bitcoin Reserve on March 6, 2025. Currently, it holds confiscated BTC as a national asset. JAN3 Founder Samson Mow warned that Pakistan may front-run the U.S. in Bitcoin accumulation unless the U.S. acts quickly.

Trump Administration Boosts Bitcoin Sentiment

Saylor praised the pro-crypto stance of the Trump administration, which has followed through on campaign promises by introducing favorable crypto policies. Key appointments include:

  • Scott Bessent – U.S. Treasury Secretary
  • Paul Atkins – New SEC Chair, replacing Gary Gensler

These developments signal strong institutional and political tailwinds for Bitcoin’s continued growth.

Bitcoin Price Could Hit $1 Million — But With High Volatility

Saylor believes Bitcoin could eventually reach $1 million, but he cautioned that sharp pullbacks are possible, saying a $200,000 correction may follow such a rally.As of now, the Bitcoin price stands at $109,460, having surged over 61.2% in the past year, and gained 5.3% in the past 30 days.

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FAQs

  • MicroStrategy is the largest public holder of Bitcoin, with 582,000 BTC as of June 8, 2025, valued at over $63.7 billion.
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Vignesh S G
Vignesh S G

Author

Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

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