MicroStrategy Executive Chairman Michael Saylor has reiterated his highly bullish outlook for Bitcoin, projecting the cryptocurrency could surge to $1 million per coin.
In an interview with Bloomberg, Saylor described the current market environment as a ‘digital gold rush’ and dismissed the likelihood of future bear markets, asserting Bitcoin has moved beyond its most volatile phase.
Saylor emphasized strong institutional and governmental backing as key drivers for Bitcoin’s future growth. He specifically cited support from figures including the U.S. President, Treasury Secretary Janet Yellen, and former SEC Chairman Paul Atkins.
Urging investors to act, Saylor advised accumulating Bitcoin within the next decade before intensifying supply constraints take full effect.