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Bitcoin’s Path to $1 Million: Michael Saylor’s Bullish Outlook and Institutional Adoption

Bitcoin’s Path to $1 Million: Michael Saylor’s Bullish Outlook and Institutional Adoption

Published:
2025-06-29 05:47:13
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Michael Saylor, cofounder and executive chairman of MicroStrategy, has made a bold prediction that Bitcoin is on a trajectory to reach $1 million per coin, dismissing any possibility of another crypto winter. According to Saylor, the cryptocurrency's daily minting of 450 BTC, valued at approximately $50 million, must be absorbed by growing demand to drive prices upward. He highlights the accelerating institutional adoption, with public companies like MicroStrategy leading the charge. This optimistic outlook is fueled by the increasing integration of Bitcoin into traditional finance and the growing recognition of its value as a store of wealth. As of June 2025, the crypto market continues to show resilience, with Bitcoin maintaining its dominance and attracting more institutional investors. Saylor's vision underscores the transformative potential of Bitcoin in the global financial landscape, as it moves closer to mainstream acceptance and unprecedented valuation milestones.

Bitcoin Poised For Rally To $1 Million, Says Michael Saylor — Here’s What Will Catalyze The Epic Ascent

Michael Saylor, cofounder and executive chairman of MicroStrategy, dismisses the possibility of another crypto winter, asserting Bitcoin's trajectory toward $1 million per coin. The cryptocurrency's daily minting of 450 BTC, valued at approximately $50 million, must be absorbed by demand to drive prices upward.

Institutional adoption is accelerating, with public companies like MicroStrategy purchasing the entire natural supply. MicroStrategy alone holds 582,000 BTC, worth $63.59 billion, signaling strong corporate confidence in Bitcoin's long-term value proposition.

Trump-Backed Bitcoin Mining Firm Accumulates $23.6M in BTC Reserves

American Bitcoin, a Hut 8 majority-owned mining unit with ties to the Trump family, has amassed 215 BTC worth $23.6 million since its April launch. The holdings were disclosed in a June 6 SEC filing, marking the firm's first major Bitcoin treasury move since adopting a strategy reminiscent of Michael Saylor's corporate accumulation playbook.

The venture emerged from a March merger between Hut 8 and Trump-affiliated American Data Center, with Eric TRUMP and Donald Trump Jr. retaining 20% ownership. The company plans to go public via a stock-for-stock merger with Gryphon Digital Mining in Q3, trading on Nasdaq as ABTC.

"Bitcoin accumulation isn't peripheral to our operations—it's the core enterprise," the firm stated, positioning its crypto reserves as a strategic asset for long-term shareholder value. The disclosure comes as bitcoin trades near $109,605, reflecting institutional adoption trends among publicly-listed mining companies.

Europe’s Bitcoin Ambitions Grow as Blockchain Group Plans $340M Treasury Boost

Paris-based Blockchain Group is aggressively expanding its Bitcoin holdings with a planned $340 million capital raise, marking one of Europe's boldest institutional moves into crypto. The firm already holds over $154 million in BTC, and this funding round WOULD more than double its treasury, solidifying its position as a key player in the European digital asset space.

The capital raise employs an innovative At-The-Market (ATM) approach, selling shares gradually based on pricing limits to minimize market disruption. This structured method reflects growing institutional sophistication in crypto investment strategies.

Blockchain Group has partnered with French asset manager TOBAM to oversee the capital raise and deployment, signaling a new level of institutional cooperation in Europe's crypto ecosystem. The collaboration underscores Bitcoin's evolving role as a Core component of corporate treasury strategies rather than just a speculative asset.

Ukraine Lawmakers Propose Bill to Include Bitcoin in National Reserves

Ukrainian legislators have taken a groundbreaking step toward integrating cryptocurrencies into the nation's financial infrastructure. A draft bill submitted to the Verkhovna Rada seeks to amend existing laws, granting the National Bank of Ukraine (NBU) discretionary authority to allocate reserves to digital assets like Bitcoin.

The proposal, spearheaded by Yaroslav Zheleznyak, first deputy chairman of the Committee on Finance, Tax and Customs Policy, positions Ukraine at the forefront of central bank digital asset adoption. "Proper management of crypto reserves will help strengthen macroeconomic stability and create new opportunities," Zheleznyak stated in a Telegram post, framing the MOVE as strategic positioning within global financial innovation.

Notably, the bill establishes an optional rather than mandatory framework—the NBU would retain full control over timing, selection, and allocation amounts. This measured approach reflects growing institutional recognition of crypto's reserve asset potential without compromising central bank autonomy.

Financial Advisors Remain Hesitant Towards Bitcoin — But Won’t Be for Long

Nearly 18 months after the launch of Bitcoin spot ETFs in the U.S., financial advisors continue to approach crypto with caution. Gerry O’Shea of Hashdex notes that most advisors still refrain from recommending Bitcoin or crypto allocations to clients, though a small subset actively engages with the asset class.

Education remains the primary focus for firms like Hashdex as advisors gradually shift their questions from basic blockchain concepts to portfolio strategy. The debate now centers on whether Bitcoin should replace Gold or be treated as an equity-like allocation. Generational divides persist, with older advisors more likely to dismiss the asset class entirely.

tBTC Launches on Starknet: Bitcoin Enters the Multi-Chain DeFi Era

Threshold Network has deployed tBTC on Starknet, marking a pivotal moment for Bitcoin's integration into decentralized finance. The solution enables sub-$0.01 transactions with instant confirmations, addressing historical limitations of high fees and slow settlement times that previously constrained BTC's DeFi utility.

Starknet's scalability unlocks 857 TPS throughput for Bitcoin-based transactions, facilitating trading, lending, and yield farming through native DApps like Ekubo exchange. The Vesu protocol will soon introduce non-custodial borrowing against TBTC collateral, replicating Ethereum's lending primitives for Bitcoin holders.

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