Saylor Downplays Quantum Computing Threat to Bitcoin, Highlights Institutional BTC Accumulation

Michael Saylor, executive chairman of MicroStrategy, argues that fears about quantum computing compromising Bitcoin’s security are overstated and largely driven by marketing for quantum-themed cryptocurrencies. In interviews, Saylor stresses that leading tech companies, including Google and Microsoft, are unlikely to deploy quantum technologies that could destabilize global cryptography, and that Bitcoin’s protocol could adapt its security if needed. He points out that today’s quantum computers are far from reaching the required 2,000 qubits to threaten Bitcoin’s encryption—current capabilities remain under 160 qubits. While firms like Project Eleven highlight potential vulnerabilities and have launched initiatives such as the ’Q-Day Prize’ to test real-world risk, Saylor maintains that current cyber threats like phishing and lack of operational security pose bigger risks than quantum computing. Saylor’s bullish position is underscored by Strategy’s ninth straight week of Bitcoin purchases, including a $75 million buy that increased its holdings to 580,955 BTC, valued at about $61.4 billion. The company has also launched a $1 billion preferred stock offering to further boost its Bitcoin reserve. Meanwhile, Europe’s Blockchain Group is raising $342 million to grow its BTC treasury, reflecting continuing institutional confidence. Although there have been some recent outflows from US spot Bitcoin ETFs, ongoing institutional accumulation and infrastructure investment signal persistent long-term bullish sentiment. For crypto traders, the main takeaways are the resilience of Bitcoin’s security against quantum threats, increased institutional adoption, and the broader market’s strong bullish undercurrent.