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Bitcoin Recovers: Michael Saylor Predicts $1 Million

Bitcoin Recovers: Michael Saylor Predicts $1 Million

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by Giorgi Kostiuk

18 hours ago


Recent price fluctuations of Bitcoin have spurred active feedback within the crypto community. Following a 4.33% drop and subsequent recovery, Michael Saylor makes optimistic predictions once again.

Crypto Community Reacts

Saylor's post drew immediate responses from Bitcoin supporters. Author Adam Livingston shared his bullish forecast, anticipating Bitcoin to reach $13 million by 2045. Blockstream CEO Adam Back reminded followers of his 2020 bet to buy all 21 million BTC for 2 cents each, which had been cancelled but resurfaced in discussions amid Bitcoin's returning volatility.

MicroStrategy Keeps Buying Bitcoin

Saylor is also taking action. His company, now rebranded as Strategy, purchased 1,045 BTC for $110.02 million in their latest acquisition. This brings the total Bitcoin holdings to 582,000 BTC, valued at $63.85 billion. The firm has also reported solid returns in 2025 so far, with its Bitcoin portfolio up 17.1% year-to-date.

8,000 Dormant BTC Moves and Institutional Insight

On-chain data added to the intrigue. A market analyst from CryptoQuant flagged the movement of 8,000 BTC, untouched for 3 to 5 years, from Coinbase Custody. This service is typically used by institutional investors, and the analyst believes the transfer could be tied to Strategy or spot Bitcoin ETFs. However, it appears buying activity from these players may be on pause for now.

Recently, the market experienced volatility, yet Michael Saylor continues to predict significant growth for Bitcoin, asserting that if it doesn't go to zero, it will reach a million dollars.

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