Saylor: Bitcoin bottomed, quantum risk overblown

Michael Saylor, executive chairman of MicroStrategy, believes Bitcoin has likely bottomed near $60,000, driven by seller exhaustion rather than valuation. He anticipates the next bull market will be catalyzed by the development of banking and digital credit markets built on Bitcoin, transforming it into a capital markets engine. Saylor also dismissed concerns about quantum computing posing a threat to Bitcoin, characterizing the risk as theoretical and decades away, with solvable countermeasures.