Michael Saylor: Short-Term Sellers Delay Bitcoin’s $150K Surge

Michael Saylor: Short-Term Sellers Are Holding Bitcoin Back
Michael Saylor, founder of Strategy (formerly MicroStrategy), claims that Bitcoin’s road to $150,000 is being obstructed by short-term investors and institutional liquidations. In an interview with Natalie Brunell on Coin Stories, Saylor said these non-strategic holders — including trustees, governments, and lawyers — are taking profits too early, stalling Bitcoin’s momentum.

However, Saylor believes this is a “rotation phase,” where long-term-minded investors, including ETF buyers and treasury-focused institutions, are stepping in to replace the weak hands.

Despite market volatility, Strategy’s own holdings—555,450 BTC—are thriving, sitting over 50% above their average purchase price. The company has remained committed to its buy-and-hold strategy, confident in Bitcoin’s eventual rise.

U.S. Embracing Bitcoin Changes the Game
Saylor also noted his surprise at the U.S. government's new stance toward crypto. President Trump’s March 7 executive order created the Strategic Bitcoin Reserve, signaling official acceptance of Bitcoin. “I was surprised the U.S. embraced Bitcoin as radically as it has,” said Saylor.

Looking Ahead: $1 Million in Sight?
Saylor remains confident that Bitcoin could reach $1 million within five years, citing stronger institutional involvement and a shift in investor mindset. While panic sellers may slow things down, long-term holders could be the key to unlocking Bitcoin’s next rally.