Michael Saylor, founder of Strategy, highlighted regulatory support as a fundamental catalyst for Bitcoin's rise during the MSTR 2025 Q4 earnings call on February 6. Saylor pointed to a historically constructive regulatory environment involving the Federal Reserve, Treasury, CFTC, SEC, and the White House's digital asset leadership as significant bullish signals. Saylor also emphasized the role of banking adoption as a secondary catalyst. As major institutions begin to facilitate trading, custody, and collateralized Bitcoin lending, the asset's legitimacy is expected to increase, reducing volatility and enhancing utility. He stressed that the industry's progress relies on enlightened regulation, active banking participation, and an innovative financial system.