Michael Saylor, one of Bitcoin's leading advocates, predicts that the cryptocurrency will resume its upward trajectory later this year, driven by a fundamental imbalance between supply and demand.
The MicroStrategy CEO argues that massive and steady purchases by companies and spot Bitcoin ETFs are absorbing all available supply.
Saylor has stated:
"Companies that are capitalizing on Bitcoin are buying even more than the natural supply being created by the miners," which is "putting upward pressure on the price."
The data supports his claim: while miners produce around 900 BTC per day, companies and ETFs collectively consume more than 3,185 BTC per day on average in 2025.
This voracious institutional demand, Saylor suggests, is the main reason why Bitcoin is poised to rise sharply again by the end of the year.