Michael Saylor, former CEO of Strategy, the largest corporate holder of Bitcoin, stated at the Mizuho event in Miami that the most popular cryptocurrency has already reached its minimum price level, hitting approximately $60,000. He also emphasized that potential threats from quantum technologies are currently significantly overestimated.
This is reported by Finway
Bitcoin and Market Dynamics: Saylor’s Analysis
According to Saylor, the timing of hitting the bottom is not always determined by a fundamental reassessment of the asset. Often, it is the result of a depletion of supply from sellers who are pressuring the market. The businessman noted that it was in February 2026, when the price of Bitcoin dropped to the $60,000 mark, that this phase was reached.
“Former CEO of Strategy, the largest corporate holder of Bitcoin, Michael Saylor stated that the asset has already hit bottom at around $60,000, and quantum risks are significantly overstated.”
It is worth adding that on February 6, 2026, Bitcoin set a local minimum at $60,000. This decline represents approximately 50% from the all-time high. In previous market cycles, corrections sometimes reached or even exceeded 80%. Against this backdrop, ARK Invest CEO Cathie Wood called the reduction in volatility to 50% a “true victory” for the cryptocurrency market.
In Saylor’s opinion, the market cleanses itself when forced sellers leave — for example, miners with significant debt or weak financial stability. The entrepreneur highlighted positive factors such as sustained growth in investments in Bitcoin-based exchange-traded funds, an improved macroeconomic situation, as well as expectations of interest rate cuts and a capital redistribution in favor of cryptocurrencies by major players.
Saylor believes that the next important catalyst for the market will be the formation of a Bitcoin-backed lending segment. He thinks this will stimulate demand for the primary cryptocurrency. As an example of such a financial instrument, he cited Strategy’s preferred shares under the ticker STRC, which have a floating yield rate exceeding the expected growth dynamics of Bitcoin.
Quantum Risks: Assessing Their Impact on the Cryptocurrency Market
Recently, the issue of quantum threats has been attracting increasing attention. In particular, Cloudflare has already announced new timelines for implementing post-quantum cryptography in light of the rapid development of technologies and the approach of the so-called Q-Day.
However, according to Saylor, these risks are primarily theoretical in nature and are currently significantly overstated. He is convinced that the realization of a significant quantum threat could take many more years, and even then, the market will have ample time to implement the necessary changes in infrastructure to protect assets.
