Bitcoin’s Crypto Winter Is Over? Michael Saylor Says a New “Spring” Has Already Begun

Bitcoin’s Crypto Winter Is Over? Michael Saylor Says a New “Spring” Has Already Begun

By MakeItReal | MakeItReal | 25 May 2026


For months, crypto investors have been trapped between fear, uncertainty, and endless bearish headlines. Bitcoin crashed from its highs above $120,000, sentiment collapsed, and many traders started preparing for a much deeper capitulation.

But according to Michael Saylor, the worst may already be behind us.

And if history repeats itself, the next phase could surprise almost everyone.


“The Bear Market Is Over”

During a recent interview with CNBC, Saylor made his position crystal clear: Bitcoin has likely already bottomed around the $60,000 level.

In his view, the market has officially moved out of the crypto winter and entered what he calls a new “spring phase” — the stage where recovery slowly begins before the next explosive expansion cycle.

That statement matters because Saylor isn’t just another influencer posting bullish predictions on social media.

He’s the man behind Strategy, the company holding more Bitcoin than any other publicly traded firm on Earth.

And despite months of volatility, he’s still buying aggressively.


Strategy Keeps Buying Bitcoin Like There’s No Tomorrow

While many investors were panicking during the recent correction, Strategy doubled down once again.

Between May 11 and May 17 alone, the company purchased another 24,869 BTC for roughly $2.01 billion, paying an average price of around $80,985 per Bitcoin.

That pushed Strategy’s total holdings to an astonishing:

  • 843,738 BTC
  • Total acquisition cost: approximately $63.87 billion
  • Average purchase price: around $75,700 per BTC

Let that sink in for a second.

One company now controls an amount of Bitcoin that would have sounded impossible just a few years ago.

And Saylor still believes this is only the beginning.


The Most Aggressive Bitcoin Thesis Ever?

Saylor went even further with one of his boldest claims yet.

According to him, Strategy could theoretically buy all the Bitcoin mined from today until 2140 — the year the final BTC is expected to be mined.

Sounds insane?

Maybe.

But there’s a logic behind it.

Bitcoin’s supply issuance keeps shrinking every four years thanks to the halving mechanism. Meanwhile, institutional demand keeps growing through:

  • Spot Bitcoin ETFs
  • Corporate treasury adoption
  • Sovereign interest
  • Long-term macro hedging
  • Global distrust toward fiat currencies

If demand continues to rise while supply keeps tightening, the battle for available BTC could become brutal.

And companies like Strategy clearly want to position themselves before that happens.


Why the Market Still Feels Weak

Here’s the interesting part:

Even with Saylor’s ultra-bullish outlook, Bitcoin still trades around the mid-$70k range, struggling to reclaim the $80,000 level consistently.

That hesitation comes from several macro pressures:

  • Uncertainty around interest rates
  • ETF flow volatility
  • Weak risk appetite across markets
  • Profit-taking after the massive rally of 2025
  • Fear that another correction could still happen

In other words, the market doesn’t fully believe the recovery yet.

And ironically, that’s often how major bull cycles begin.

The strongest rallies usually start when confidence is still low.


The “Never Sell” Narrative Is Starting to Crack

One detail from Saylor’s recent comments caught a lot of attention inside the crypto community.

For years, he became famous for promoting the idea of:

“Never sell your Bitcoin.”

But recently, Saylor admitted that Strategy could consider selective Bitcoin sales under specific circumstances — particularly to manage obligations tied to dividends and corporate financing structures.

That small clarification immediately reignited debate online.

Some see it as simple treasury management.

Others think it slightly weakens the legendary “diamond hands forever” narrative that helped define Bitcoin maximalism during previous cycles.

Either way, the bigger picture remains unchanged:

Strategy is still accumulating at a scale almost nobody else can match.


Is Bitcoin Really Entering a New Spring?

Nobody can predict markets with certainty.

Not even Saylor.

But one thing is becoming increasingly difficult to ignore:

The biggest institutional Bitcoin bulls are not acting like this cycle is over.

They’re acting like the next one is just getting started.

And if Bitcoin truly established a long-term floor around $60,000, future investors may eventually look back at today’s prices the same way people now look back at $3k BTC during the 2018 bear market.

The real question is no longer whether volatility will continue.

The real question is:

How many people will still be underexposed if the next major Bitcoin expansion phase actually begins from here?

 


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