Key Takeaways:

Michael Saylor asserts Bitcoin’s upward trajectory is supported by institutional adoption, limited supply, and strong political backing.
ARK Invest has raised its 2030 Bitcoin price projection to $2.4 million, citing accelerating demand.
Saylor claims just $50 million in daily buying is enough to drive Bitcoin’s price higher due to tight supply and consistent accumulation by major players.

Michael Saylor, chairman of Strategy, has dismissed fears of another crypto winter, asserting that Bitcoin is on a long-term upward trajectory due to its limited supply and rising institutional adoption.

In a recent interview, Saylor declared, “Winter is not coming back,” emphasizing that Bitcoin will either go to zero or surge to $1 million.

BREAKING: BILLIONAIRE MICHAEL SAYLOR TELLS BLOOMBERG #BITCOIN IS GOING TO $1 MILLION AND THAT THERE WILL NEVER BE ANOTHER CRYPTO WINTER

COMPANIES AND ETFS "ARE BUYING THE ENTIRE SUPPLY." PARABOLIC SOON 🚀 pic.twitter.com/Vv7qSRIgst
— The Bitcoin Historian (@pete_rizzo_) June 10, 2025

His bullish stance is echoed by ARK Invest, which raised its 2030 price target for Bitcoin from $1.5 million to $2.4 million.

Saylor noted that only 450 BTC – worth about $50 million – is mined daily, and this is being consistently absorbed by institutional buyers.

Strategy alone has acquired 582,000 BTC since 2020, currently valued at nearly $64 billion.

He believes that even modest daily demand at current prices could drive significant price movement.

While optimistic, Saylor acknowledged that steep corrections could still occur, even if Bitcoin hits $500,000 or $1 million.

He backed his outlook with signs of growing political and financial support, highlighting figures like President Donald Trump, and institutions like BlackRock and national governments, including Pakistan.

He concluded that Bitcoin has passed its riskiest phase, with clearer regulations and traditional banks preparing custody services, making the digital asset increasingly mainstream and resilient.