Michael Saylor has declared that Bitcoin has emerged victorious, with global consensus recognizing it as "digital capital." According to Saylor, the traditional four-year cycle has ended, and Bitcoin's price movements are now more influenced by capital flows. He emphasized that the banking system and digital credit will shape Bitcoin's future growth trajectory. Saylor also warned of the risks associated with misguided attempts to modify the Bitcoin protocol, cautioning that such interventions could harm the integrity of the protocol itself.