Michael Saylor: If MicroStrategy holds 5% of the BTC supply, its price will reach $1 million.

According to Odaily Planet Daily, Michael Saylor stated that if MicroStrategy can accumulate 5% of the total Bitcoin supply, the price of Bitcoin will reach $1 million. He further stated that if the holding reaches 7%, each Bitcoin will be worth $10 million. Michael Saylor described this action as powering the network.