Michael Saylor doesn’t appear bothered about different huge corporations becoming a member of the Bitcoin bandwagon.
Talking on Bloomberg Crypto alongside Matt Meilier and Katie Greifeld, the MicroStrategy (rebranded to Technique) government chairman made it clear that he’s not dropping sleep over JPMorgan or Warren Buffett. In reality, he sounded prepared for them.
Saylor’s confidence hasn’t modified. His firm, now utterly backed by crypto, continues to be shopping for—and in response to him, that’s what makes all of the distinction.
Technique’s Bitcoin Wager Stays Unshaken
In the intervening time, Bitcoin is buying and selling at $107,918. Saylor believes it’s nonetheless early. He informed Bloomberg that legacy corporations like JPMorgan will in all probability wait till BTC hits $1 million earlier than they make severe strikes.
JPMorgan lately introduced plans to let choose purchasers borrow cash utilizing Bitcoin ETFs as collateral. That information got here not lengthy after reviews that the banking big will quickly permit direct Bitcoin purchases. These indicators level to a rising curiosity in crypto, even from conventional finance heavyweights.
Saylor, although, brushed it off. He mentioned Technique is able to compete with anybody, irrespective of how huge. He argued that corporations like JPMorgan will find yourself shopping for crypto when it’s rather more costly than it’s now.
Michael Saylor: I welcome the competitors from JP Morgan. I hope they enter the house. I’m not likely apprehensive. Once they (lastly do it) they’ll be paying $1 million per Bitcoin. The worth will go to the moon.” pic.twitter.com/YaEg4ToLTg
— Altcoin Every day (@AltcoinDaily) June 10, 2025
No Extra Bear Markets?
Through the interview, Saylor made one other daring declare—he mentioned there would by no means be a bear marketplace for Bitcoin once more. Whereas that’s arduous to show, he backed it with Technique’s continued shopping for and the robust demand he believes continues to be to come back.
The concept Bitcoin would possibly by no means dip once more would sound unusual to most traders. However for Saylor, Bitcoin isn’t simply an asset. It’s the inspiration of Technique’s whole enterprise mannequin. He says that’s what provides the corporate an edge.
He additionally mentioned that the Bitcoin-backed construction helps Technique problem most popular inventory with extra liquidity and higher returns. These claims weren’t backed by detailed knowledge, however Saylor was assured in the course of the interview.
JPMorgan’s Transfer Seen As Bullish For Bitcoin
Regardless of downplaying the competitors, Saylor did admit that JPMorgan’s involvement might be good for the general market. He thinks it might increase BTC value even greater, creating positive factors for everybody already holding BTC or associated merchandise.
On Could 1, he tweeted that Bitcoin will attain $1 million earlier than most wealth managers advise their purchasers to purchase in. He took it a step additional and mentioned it’d hit $10 million earlier than they understand it’s a good suggestion.
Calls For Extra Tech Giants To Purchase Crypto
Saylor hasn’t stopped at simply speaking about JPMorgan. He’s reportedly inspired corporations like Apple and Microsoft to get Bitcoin publicity. His push isn’t nearly Technique—it’s half of a bigger imaginative and prescient he’s been selling for years.
He additionally took a jab at skeptics like JPMorgan CEO Jamie Dimon and US President Donald Trump supporter Warren Buffett. Saylor believes their criticism comes from not understanding Bitcoin.
Whether or not individuals agree or not, Saylor’s message hasn’t modified. He says Technique continues to be shopping for, and he’s not afraid of the competitors.
Featured picture from Medium, chart from TradingView
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