This prediction comes on the heels of Bitcoin's decline from $108,350 to $103,660, although it has since recovered by 2.35% after a significant 4.33% crash.

Michael Saylor, the executive chairman of Strategy, has made a bold prediction that Bitcoin could soar to one million dollars per coin following a recent recovery in its price.

Currently, Saylor's company, Strategy, holds 582,000 BTC valued at approximately $63.85 billion, having recently acquired an additional 1,045 BTC for $110.02 million.

Saylor's assertion that 'If it's not going to zero, it's going to a million' has sparked considerable reactions within the Bitcoin community.

In response to Saylor's optimistic tweet, author Adam Livingston of 'Bitcoin Age' has projected that Bitcoin may reach $13 million by the year 2045.

The recent drop in Bitcoin's price was influenced by geopolitical tensions in the Middle East, which led to substantial liquidations in long positions.

On-chain data has shown that 8,000 Bitcoins, aged between three to five years, were moved from Coinbase Custody, likely in connection with Strategy or spot ETF allocations.

Market analysts suggest that the buying activities of Saylor's Strategy and spot Bitcoin ETFs may be temporarily paused due to the recent fluctuations in the market.

In 2025, Strategy has achieved a notable Bitcoin yield of 17.1% year-to-date.

In a more speculative move, BlockStream CEO Adam Back has placed a limit order to buy 21 million Bitcoin at just 2 cents each, should prices drop that low.