Saylor Squares Up: Bitcoin Bottomed at $60K in February, Quantum Apocalypse 'Theoretically' Decades Away

Michael Saylor, the undisputed king of corporate Bitcoin accumulation and founder of Strategy, dropped some bullish nuggets at Mizuho's Dallas brunch. The man who basically made holding BTC a corporate sport declared that the pain is over — Bitcoin has likely found its floor. HisStrategy portfolio is basically a museum of "I told you so" moments at this point.

According to Saylor, that magical bottom? Around $60,000, carved out back in February when everyone's Twitter bio still said "bullish" but their portfolios screamed "please stop." But here's the twist: he reckons bottoms aren't about some valuation multiple — they're about sellers finally throwing in the towel. And right now? Selling pressure is pretty tapped out. The white flags are basically outnumbered only by the Layer 2 token shills.

The reasoning? ETF inflows are basically vacuuming up all the daily sell orders like a crypto Roomba, and more companies are stashing Bitcoin in their treasuries instead of dumping it. Saylor also pointed out that trend reversals have less to do with investor mood swings and more to do with shifts in capital structure and liquidity. Turns out macro transitions aren't determined by your favorite influencer's price chart overlay.

Looking ahead, Saylor sees the next major bull run catalyst coming from Bitcoin-based banking, lending, and digital credit systems — basically turning the world's largest crypto from an interest-free parking spot into a full-blown capital market machine. Imagine your sats actually working for a living instead of just sitting there judging your life choices.

On the quantum computing FUD that's been making the rounds? Saylor called it exaggerated, pointing out the quantum threat is still purely theoretical and probably won't materialize for decades. So your Hardware Wallet isn't becoming worthless tomorrow, sorry to burst that doomer narrative.

*Not financial advice. Yet again.