Michael Saylor: Bitcoin Entering 'Spring' Warming Phase, Market Set for Rebound

BlockBeats News, May 22, Strategy founder Michael Saylor stated in an interview with CNBC that Bitcoin had previously fallen from a high of about $125,000 to around $60,000 and found support, and is now entering a "spring" warming phase. He believes that the current level has good support and expects the market to rebound at this level.

At the same time, he pointed out that as the digital credit market formed, the additional Bitcoin supply from miners is being fully absorbed by the market. He stated: "Our company may buy all the bitcoins produced by miners from now until the year 2140."

Furthermore, Saylor mentioned that the U.S. "CLARITY Act" advancement and the SEC's "innovation exemption" policy for security tokenization could both be significant positives for the digital asset market.