In a recent interview, Michael Saylor discussed the Bitcoin price outlook. He stated that most analysts covering MicroStrategy have target prices for Bitcoin above $150,000 . In his view, Bitcoin represents the digital transformation of the capital market, and its price will continue to rise as education and corporate adoption increase. Bitcoin's scarcity—the inability to increase its supply—is the core foundation of its value.

When asked if Bitcoin could reach $200,000 by the end of the year, Saylor responded that inflows have been very strong. BlackRock ETFs have hit all-time highs, and MicroStrategy has raised $19 billion this year, all invested in Bitcoin. Just before the show began, they also announced a $217 million purchase of nearly 2,000 Bitcoins.

He recalled that the company spent $250 million when it first bought Bitcoin, which was all the cash accumulated over the past 30 years, but now, a transaction of the same size can be completed within a week.