Michael Saylor does not seem disturbed by other large companies to join the Bitcoin train.
Speaking on Bloomberg Crypto alongside Matt Meilier and Katie Greifeld, the executive president of Microstrategy (renamed the strategy) clearly indicated that he does not lose sleep on JPMorgan or Warren Buffett. In fact, he looked ready for them.
Saylor’s confidence has not changed. His business, now completely supported by Crypto, always buys – and according to him, that is what makes all the difference.
The betcoin bet of the strategy remains unshakable
Bitcoin is currently negotiated at $ 107,918. Saylor thinks it’s still early. He told Bloomberg that companies inherited like JPMorgan will likely wait for BTC to reach $ 1 million before making serious movements.
JPMorgan recently announced its intention to let the selected customers borrow money using Bitcoin ETF as guarantee. This news intervened shortly after the banking giant will soon authorize direct purchases of Bitcoin. These signs indicate an increasing interest in the crypto, even from traditional financing heavyweights.
Saylor, however, brushed it. He said that the strategy was ready to compete with anyone, regardless of size. He argued that companies like JPMorgan will eventually buy crypto when it is much more expensive than it is now.
Michael Saylor: I salute JP Morgan’s competition. I hope they enter space. I am not really worried. When they (finally do it), they will pay $ 1 million per bitcoin. The price will go to the moon. pic.twitter.com/yaeg4toltg
– Altcoin Daily (@altcoinday) June 10, 2025
More bear markets?
During the interview, Saylor made another daring complaint – he said that there would never be a Bitcoin market again. Although it is difficult to prove, he supported it with the purchase of the strategy and the strong demand that he believes to come.
The idea that Bitcoin could never seem strange for most investors again. But for Saylor, Bitcoin is not only an asset. This is the foundation of the entire business model of Strategy. He says that is what gives the company an advantage.
He also said that the structure supported by Bitcoin helps to issue privileged actions with more liquidity and better yields. These statements were not supported by detailed data, but Saylor was confident during the interview.
The JPMorgan movement considered up to be bitcoin
Despite the minimizing competition, Saylor admitted that JPMorgan’s involvement could be good for the global market. He thinks that this could increase the even higher BTC price, creating gains for all those who already hold BTC or related products.
On May 1, he tweeted that Bitcoin will reach $ 1 million before most wealth managers advise their customers to buy. He went further and said he could reach $ 10 million before realizing that it is a good idea.
Call for more technology giants to buy crypto
Saylor has not stopped talking about JPMorgan. He would have encouraged businesses like Apple and Microsoft to obtain an exposure to Bitcoin. His push does not only concern the strategy – that is part of a broader vision that he has been promoting for years.
He also took a hit in skeptics like JPMorgan CEO, Jamie Dimon, and US President Donald Trump, Warren Buffett. Saylor believes that their criticism has just not understood Bitcoin.
Whether people agree or not, Saylor’s message has not changed. He says that the strategy is still buying and that it is not afraid of competition.
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