Arthur Hayes: Bitcoin Needs the Fed to Restart the Money Printer to Break Through $500,000

Odaily News Arthur Hayes stated that Bitcoin will not see substantial gains until the Federal Reserve provides liquidity to fill the black hole in bank balance sheets. He believes AI is destroying the income of knowledge workers and leading to consumer credit defaults, which will ultimately force the Fed to intervene and drive up Bitcoin. Arthur Hayes predicts Bitcoin will reach $150,000 to $200,000 in the summer of 2026, $250,000 to $500,000 by the end of that year, and $1 million by 2028.

Michael Saylor posted on X platform that Strategy has spent approximately $2.54 billion to purchase 34,164 Bitcoins at an average price of about $74,395. As of April 19, 2026, the institution holds a total of 815,061 Bitcoins, with a total acquisition cost of approximately $61.56 billion and an average price of about $75,527. He believes that accumulation by corporations and ETFs will lead to non-linear repricing, and if Strategy holds 7.5% of Bitcoin's total supply, the long-term target price is $10 million.