Whoa! Saylor admits MicroStrategy's impact on Bitcoin price: Without us, BTC might only be worth $40-50K MicroStrategy's head honcho Michael Saylor just openly addressed their real influence on the market price. He broke it down: the company has poured $6.2 billion of cold hard cash into buying and supporting this network. Without their aggressive buying spree in the market, Bitcoin's price wouldn't have hit the $80K mark—it would most likely be hovering around $40-50K. That said, he very clearly acknowledged that Bitcoin's success doesn't rely on any single person or company. The beauty of a decentralized network is that whenever there's a gap in the market, capital is always ready to step in and fill it. Even if MicroStrategy hadn't made a move back then, other institutions would have stepped up to take on that role—maybe even pushing the price higher.