Arthur Hayes: Bitcoin needs the Federal Reserve to restart the printing press to break through $500k

Mars Finance reported that Arthur Hayes said that Bitcoin will not see a substantial rise before 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 Federal Reserve to mount a rescue and push up Bitcoin. Arthur Hayes predicted that Bitcoin will reach $150,000 to $200,000 in the summer of 2026, $250,000 to $500,000 by the end of the year, and $1 million in 2028.

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