Michael Saylor says Bitcoin could jump from $70K to $7 million

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Bitcoin has continued its recovery, climbing back above $66,000 as prominent Bitcoin advocate and Strategy Executive Chairman Michael Saylor shared one of his most bullish long-term predictions yet.

Speaking at BTC Prague 2026, Saylor said he believes Bitcoin could eventually rise from around $70,000 today to as much as $7 million per coin in the future.

According to Saylor, Bitcoin is still in the early stages of attracting global wealth despite its impressive growth over the past decade. He argued that the Bitcoin network could eventually reach a total value of $100 trillion as more capital flows into the asset.

Saylor believes the biggest reason for this potential growth is that only a tiny portion of the world’s wealth is currently invested in Bitcoin. He estimated that Bitcoin represents about $1 trillion of a global capital market worth roughly $1,000 trillion, meaning most wealth remains outside the cryptocurrency ecosystem.

In his view, around 99.9% of global capital has yet to enter the Bitcoin network, leaving significant room for expansion over the long term.

A major focus of his presentation was institutional money. Saylor pointed out that banks, wealth managers, pension funds, and insurance companies control hundreds of trillions of dollars in assets. However, many of these institutions still face regulatory and operational barriers that limit their ability to invest in Bitcoin.

He argued that if those barriers continue to fall, large amounts of institutional capital could eventually move into the cryptocurrency market, helping drive future growth.

Saylor also highlighted the increasing number of financial products linked to Bitcoin. Rather than buying and storing Bitcoin directly, investors now have access to a growing range of products that provide exposure to the asset through more traditional investment structures.

He described digital credit and digital money products as important developments that are helping strengthen the Bitcoin ecosystem and make the asset more accessible to a wider audience.

Meanwhile, companies around the world continue exploring Bitcoin-related financial services. Japanese investment firm Metaplanet has discussed creating Bitcoin-backed yield products, while Strategy has introduced investment products designed to give investors exposure to Bitcoin through traditional financial markets.

Saylor also noted that Strategy recently purchased another $100 million worth of Bitcoin, further increasing its position as the largest corporate holder of the cryptocurrency.

His comments come at a time when market sentiment has improved significantly. Bitcoin has rebounded strongly in recent weeks, helped by easing geopolitical tensions and renewed investor interest in risk assets. The broader cryptocurrency market has also recovered, with total market value rising above $2.36 trillion.

While Saylor’s prediction of $7 million per Bitcoin remains highly ambitious and represents a long-term outlook rather than a near-term target, it reflects his belief that Bitcoin could eventually become one of the world’s largest stores of value as institutional adoption continues to grow.