Michael Saylor, chairman of the board of directors of the American software company MicroStrategy, came to the fore again in the cryptocurrency community with his recent statements. Founded in Virginia in 1989, MicroStrategy is known for its large investments in Bitcoin, especially in recent years. Saylor, the company’s senior manager, faced criticism for a video in which he stated that Bitcoin could reach the $ 10 million level in one day.
Reactions to the Statement “Bitcoin Could Be 10 Million”
Saylor’s latest video, in which he defended Bitcoin’s price fluctuations and suggested that major declines were “a reward for loyal investors,” sparked a variety of comments. Saylor stated that price volatility drove temporary investors away from the market.
Stating that he sees volatility as “a gift to the faithful,” Saylor said, “Major declines leave those who truly want to understand and alienate those who are superficially interested.”
In the same speech, Saylor said, “If the rest of the world knew what I know and joined me, Bitcoin would rise to $10 million tomorrow.”
Saylor emphasized that a sudden rise could be disadvantageous for long-term investors: “Think about this; you would have the opportunity to buy million dollars in gold for 20 years, in a sudden increase this opportunity disappears.”
Saylor’s predictions and approach were heavily criticized on social media. While some users questioned whether Saylor painted a realistic picture, ironic posts were made such as “If everyone understood the value of what I have, I would be a billionaire.” Other users continued their criticism, citing past economic bubbles.
Acquisitions Continue in MicroStrategy in the Shadow of Huge Loss
Saylor’s statements came at a time when MicroStrategy was experiencing significant losses in value. The company continues its purchases despite the recent declines in Bitcoin price. According to the last official statement, MicroStrategy purchased 855 more Bitcoins for approximately $75 million. The company’s total Bitcoin assets are worth approximately $50.5 billion at current prices. It is stated that this portfolio had a loss of more than 3.7 billion dollars when considered from the average purchase cost.
Last October, it was reported that the company’s Bitcoin investments showed a profit of close to 33 billion dollars on paper. However, in the current situation, both the loss of value in the portfolio and the decline in the price of the company’s shares are noteworthy. MicroStrategy shares have fallen more than 70 percent since their peak in July 2025.
Sales Concerns and Questions to Management
MicroStrategy management’s views on a possible Bitcoin sale also became a matter of discussion. It was reminded that company CEO Phong Le said in November, “If the company’s shares fall below the value of the Bitcoin owned, a sale may come to the fore.”
Saylor stated that the company will only consider selling Bitcoin if its net asset value falls below 1. According to official sources, MicroStrategy’s current net asset value is 1.14. The company stated that it currently has no sales plans.
