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Michael Saylor defends Bitcoin derivatives, saying they boost demand without capping Bitcoin's supply or potential.

Market News
07 Oct 2026
AMBCrypto
View Source
Bullish
Michael Saylor defends Bitcoin derivatives, saying they boost demand without capping Bitcoin's supply or potential.

Michael Saylor has rejected claims that Bitcoin derivatives like Strategy's digital credit products limit Bitcoin's price potential, including the $1 million target per coin. He argues these products increase capital inflow to Bitcoin without changing its fixed 21 million supply. While some analysts link Bitcoin's reduced volatility and lower cycle returns to the rise of derivatives, others say this reflects growing institutional adoption and asset maturity. Saylor and other experts see the trend as positive, with Bitcoin's volatility dropping and potential for moderate price rallies amid increasing demand from institutions.

Bitcoin's market cap on Pluang stands at Rp29.969,16 trillion as of Oct 07, 2026 23:22 WIB, with 96% of its total supply circulating. Despite a 2.76% drop in price to Rp1.493.100.000, trading volume remains high at Rp678,69 trillion, showing sustained investor interest. The platform data also reveals a near-even split in order activity, with 53% selling and 47% buying, and a typical hold time of 111 days, indicating steady engagement among users.

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