Bitcoin extended its gains above $66,000 as Chief Strategy Officer Michael Saylor predicted that the crypto asset could eventually rise from around $70,000 to as much as $7 million per coin.
Summary
- Michael Saylor says Bitcoin could eventually rise from $70,000 to $7 million per coin.
- He argues that Bitcoin still represents a small fraction of the world’s wealth, leaving significant room for growth.
- The strategy added another $100 million to Bitcoin as Saylor highlighted growing institutional acquisitions and new financial products linked to Bitcoin.
According to Saylor’s words during his keynote speech at BTC Prague 2026, Bitcoin is still in the early stages of attracting global money despite its growth over the past decade.
Presenting one of his most ambitious long-term predictions, Saylor argued that the value of the Bitcoin network could eventually reach $100 trillion.
“The Bitcoin network will grow to a hundred billion network,” Saylor said. “Bitcoin is going from 70,000 to 700,000 to $7 million a coin. It’s inevitable.”
His comments came as Bitcoin continues to benefit from improving market sentiment.
As crypto.news previously reported, Bitcoin is up more than 11% from its early June low after the US-Iran peace deal eased concerns about energy supply disruptions, inflationary pressures, and tensions in the country.
On-chain analytics firm Santiment said the development encouraged investors to shift back to riskier assets, helping to lift Bitcoin above $66,600 while pushing the crypto market capitalization above 2.36 trillion.
Most of the world’s wealth resides outside of Bitcoin
During the presentation, Saylor based his prediction on the gap between the current size of Bitcoin and the amount of wealth held in all traditional financial markets.
According to Saylor, Bitcoin currently accounts for about $1 billion in global capital, leaving most of the world’s wealth outside the network.
“If we want Bitcoin to grow, Bitcoin has $1 trillion out of $1,000 trillion in cash,” Saylor said. He added that about 99.9% of economic wealth has not entered the Bitcoin ecosystem.
Particular attention was paid to institutional funds controlled by banks, wealth managers, pension funds, and insurance companies. Saylor argued that regulatory and operational restrictions continue to prevent a large portion of those funds from gaining exposure to Bitcoin.
“Banks, advisors, wealth advisors, believe it or not, have control over $156 trillion,” Saylor said. “If a bank can’t buy anything related to Bitcoin, there’s $200 billion we’ll never get.”
Under Saylor’s framework, the broad reach of an institution can open up significant demand and contribute to the kind of long-term appreciation he describes.
Bitcoin-linked financial products are expanding access
Alongside the direct ownership of Bitcoin, Saylor highlighted the growing role of digital financial products associated with cryptocurrency.
According to Saylor, instruments built around digital debt and digital currency are creating new ways for investors to gain exposure while using structures similar to traditional financial products.
“Digital credit and digital currency are really the killer applications that are powering the Bitcoin network right now,” Saylor said.
Elsewhere in the market, Japanese investment company Metaplanet has discussed plans to develop Bitcoin-backed yield products, adding to the growing list of companies exploring financial services linked to the commodity.
Saylor also pointed to Strategy’s own contributions. He described the company’s STRC security as a short-term, high-yield income product designed for US investors seeking Bitcoin-related exposure without directly holding the asset.
For investors willing to take on more volatility, Saylor described the Strategy stock as a scaled-up version of Bitcoin, offering greater sensitivity to cryptocurrency price movements.
The comments came shortly after Strategy disclosed another Bitcoin purchase worth nearly $100 million, expanding the company’s position as a major cryptocurrency manager.
