The inimitable Michael Saylor, a gentleman of great enthusiasm and little restraint, has taken to the airwaves (or rather, his X handle) to proclaim his latest, most fantastical prediction for the beleaguered Bitcoin. Like a latter-day Nostradamus, he has decreed that the cryptocurrency shall rise, phoenix-like, to the dizzying heights of one million dollars per coin. One can almost hear the sound of champagne corks popping in the background.
His reasoning, if one may call it that, is that since Bitcoin is not going to zero (a prospect that would doubtless leave many an investor weeping and wailing in the streets), it must therefore be bound for the stratosphere. A simple, yet elegant, piece of logic, don’t you agree, dear reader? π€
If it’s not going to zero, it’s going to a million.
β Michael Saylor (@saylor) June 13, 2025
This pronouncement has, of course, sent the Bitcoin community into a frenzy of excitement and anticipation. Adam Livingston, author of the thrilling tome “Bitcoin Age”, has responded with a prediction of his own: a staggering $13 million by 2045. One can only assume that he has a crystal ball of uncommon clarity.
Meanwhile, that wily old fox, Adam Back, has placed a limit order for 21 million Bitcoins at a mere 2 cents each. A bold move, indeed, and one that may yet prove to be the bargain of the century. π€
Saylor’s own company, Strategy, is currently sitting pretty on a stash of 582,000 Bitcoins, worth a cool $63.85 billion. Not bad for a little side hustle, eh? πΈ
A Mysterious Movement of Bitcoins
A keen-eyed market watcher has spotted a curious movement of 8,000 Bitcoins, aged 3-5 years, which have been transferred from Coinbase Custody. The trail, it seems, leads to either Saylor’s Strategy or those clever folks at the spot Bitcoin ETFs. Ah, but what does it all mean? π§
The analyst, a sage and learned individual, believes that neither Saylor’s Strategy nor the spot Bitcoin ETFs will be buying any more Bitcoins this week. Their buying spree, it seems, is done for the time being. ποΈ
And so, dear reader, we are left to ponder the mysteries of the Bitcoin universe. Will it soar to dizzying heights, or crash and burn in a blaze of glory? Only time, it seems, will tell. β°
As we go to press, the world’s flagship cryptocurrency has taken a bit of a nosedive, plummeting to $103,000 as the recent military and geopolitical tensions in the Middle East have escalated to a high degree. But fear not, dear investor, for Michael Saylor has decreed that all shall be well. π
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2025-06-14 10:24