Crypto & Blockchain Daily Brief Sunday, June 15, 2025

Michael Saylor, the CEO of MicroStrategy, shared an ultra-bullish Bitcoin price prediction during a recent interview. Saylor, who is known for his strong support of Bitcoin, suggested that the price of Bitcoin could reach $5 million per coin in the future. He based his prediction on the idea that Bitcoin could eventually surpass gold as the preferred store of value. Saylor highlighted the limited supply of Bitcoin, with only 21 million coins ever to be mined, as a key factor that could drive its price to such high levels. According to Saylor, Bitcoin's fixed supply combined with its growing adoption by institutional investors and corporations could lead to a significant increase in its price over time. He emphasized the importance of Bitcoin as a hedge against inflation and currency devaluation, especially in the current economic environment characterized by unprecedented levels of monetary stimulus. Saylor also discussed the potential impact of Bitcoin on the global financial system, suggesting that it could become the dominant reserve asset in the world. He compared Bitcoin to a monetary network, highlighting its ability to store and transfer value securely and efficiently across borders. Overall, Saylor's bullish price prediction for Bitcoin reflects his belief in the long-term potential of the cryptocurrency as a transformative asset class. He remains optimistic about Bitcoin's future prospects and sees it as a viable alternative to traditional forms of money and store of value.

Trump Media & Technology Group has announced that the Securities and Exchange Commission (SEC) has declared the company's Bitcoin Treasury filing effective. This filing allows Trump Media to issue its digital currency, called TRUMP, which will be backed by Bitcoin held in the company's treasury. The company aims to use this digital currency to facilitate transactions within its media and technology ecosystem. Trump Media's CEO, George M. Nasif, expressed excitement about the SEC's approval of their Bitcoin Treasury filing, stating that it represents a significant milestone for the company. He believes that the backing of the TRUMP digital currency with Bitcoin will provide stability and security for users. The company's goal is to create a decentralized media and technology platform that empowers individuals and promotes free speech. By issuing a digital currency backed by Bitcoin, Trump Media aims to offer a secure and transparent financial system that aligns with the principles of decentralization and blockchain technology. The TRUMP digital currency will be integrated into the company's social media platform, Truth Social, as well as its other media and technology products. Trump Media plans to leverage the growing popularity of Bitcoin and other cryptocurrencies to drive adoption of its digital currency and expand its ecosystem. Overall, Trump Media's announcement of the SEC's approval of its Bitcoin Treasury filing signifies a step forward in the company's efforts to establish a decentralized media and technology platform powered by blockchain technology and digital currencies.