#binance #hype #zec #near
04/11/25 15:18 UTC-04

Michael Saylor: I Know the Reasons Behind Bitcoin’s New Cycle

According to Michael Saylor, major banks such as JPMorgan, Bank of America, Wells Fargo, and BNY Mellon are currently preparing to work with Bitcoin — and this, he believes, will be the catalyst for the next bull market.

“Bitcoin is digital gold and the world’s reserve capital. It’s a bank in cyberspace where money cannot be stolen. Banking integration is the next step toward $1 million. For Bitcoin to grow tenfold, the world’s largest banks must start working with it,” Saylor explained.

He added that artificial intelligence and Bitcoin are two sides of the same technological revolution: AI creates digital intelligence, while BTC creates digital money. Saylor described Bitcoin as a lifeline for billions of people, providing ownership rights to those who lose their savings due to inflation and fiat currency devaluation.

Currently, Saylor’s company Strategy manages over 640,000 BTC, making it the largest public holder of Bitcoin. The firm continues to purchase BTC weekly, gradually removing supply from the market and increasing scarcity.

Earlier, in an interview with the Market Disrupters podcast, Saylor stated that his company can convert at least $100 million into Bitcoin within one hour.

See also: "Standard Chartered CEO: Soon All Transactions Will Be on Blockchain"

#Bitcoin (BTC) #Bullish trend #Forecast

Editor: Yuliya Soroka
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