Michael Saylor: Bear Market Is Not Coming Back And Bitcoin Is Going To $1 Million

Bitcoin is past its risky phase — and it’s going to $1 million. That’s the latest forecast from Michael Saylor

Executive Chairman of Strategy, who spoke to Bloomberg Tuesday about the company’s growing empire of Bitcoin-backed financial products.

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

In a fiery and bullish interview, Saylor argued that Bitcoin is entering a new phase — not as a risk asset, but as digital gold powering a new financial system. Backing his claim: policy shifts in Washington, a flood of global interest, and a first-mover edge in financial product innovation.

The White House Backs Bitcoin

Saylor made it clear that the political climate has flipped. He said President Trump, Treasury Secretary Scott Bessent, and Paul Atkins are all vocal supporters of Bitcoin and digital assets.

“The President supports Bitcoin. The cabinet supports Bitcoin. Bitcoin has gotten through its riskiest period,” Saylor said.

Japan’s Metaplanet Shows the Future

He spotlighted Metaplanet, a Japanese firm that exploded from $10 million to $5 billion market cap in under a year, calling it “the hottest company in Japan right now.”

“They’re going to raise billions, pull liquidity from Tokyo markets — and they’re not competing, they’re cooperating,” Saylor noted.

Strategy’s Bet: Bitcoin-Backed Financial Instruments

While most firms simply hold Bitcoin or chase ETF approval, Strategy is building an entirely new market structure.

Issued three Bitcoin-backed preferred stock offerings in the last five months
Plans for Bitcoin-backed credit instruments, bonds, and convertibles
Saylor claims no other company can replicate this unless they go 100% Bitcoin on the balance sheet

“We’re not competing with treasury companies. We’re going after $100 trillion in ETF bond portfolios and offering higher yield with better collateral,” he said.

Michael Saylor just dropped a thesis — and a warning. If he’s right, the Bitcoin bear market is not just over — it’s irrelevant. Strategy is not trying to beat Wall Street; it’s trying to replace it.

And if JPMorgan or Berkshire ever do jump in?