ChainThink report: According to The Block, Michael Saylor, Executive Chairman of Strategy, stated during the Mizuho Investor Event that Bitcoin may have already bottomed out near $60,000 as forced sellers exit the market.

Michael Saylor noted that recent Bitcoin price declines were primarily driven by liquidations from over-leveraged miners and weak-market participants, with market equilibrium expected to shift as supply clears.

Furthermore, Michael Saylor dismissed quantum computing as a threat to the Bitcoin network, asserting that the risk remains theoretical and distant in timeframe, while Bitcoin’s open-source architecture enables developers to implement quantum-resistant upgrades before any potential attack materializes.