Michael Saylor, co-founder of Strategy, in an October 29 interview with CNBC described the past 12 months as one of the most positive periods in cryptocurrency history. Saylor attributes this optimistic view to regulatory changes in the U.S. that have enhanced the legitimacy of cryptocurrencies at an institutional level. Key transformations include the White House recognizing Bitcoin 
$77,420 as “digital gold,” the SEC encouraging the tokenization of securities, and the Treasury Department embracing stablecoins.
U.S. Regulators and Banks as Catalysts for a New Era
Saylor emphasizes the historical significance of the coordination among financial authorities for the cryptocurrency industry. The CFTC’s new chairman’s favorable stance towards cryptocurrencies strengthens the pursuit of regulatory clarity.
Meanwhile, major banks like JPMorgan, Citigroup, and BNY Mellon are preparing to offer Bitcoin custody and credit services. These developments indicate that traditional finance is accelerating its convergence with Web3 technologies.
According to Saylor, Bitcoin is transitioning from being an asset that challenges the system to one embraced by it. This paradigm shift is boosting investor confidence and capital inflows, contributing to market maturity. The co-founder of Strategy notes that these developments will support long-term stability in the cryptocurrency ecosystem.
Saylor’s 10-Year Growth Projection
Saylor anticipates that Bitcoin won’t just see short-term price increases but will become a new standard of value in the global financial system. He predicts Bitcoin could reach $150,000 by the end of the year and foresees a tenfold growth cycle over the next decade. This projection is supported by increased institutional participation and the proliferation of Blockchain-based financial products.
Saylor believes the collaboration between Wall Street and Web3 lays the foundation for a sustainable structural transformation in the crypto market. Bitcoin becoming a global reserve asset will be driven not only by price movements but also by the evolving infrastructure of the financial system. This perspective shifts the future of cryptocurrencies from merely speculative to strategically important.
