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

Bitcoin has extended its recovery above $66,000 as Strategy Executive Chairman Michael Saylor has predicted that the crypto asset could eventually rise from roughly $70,000 to as much as $7 million per coin.

According to remarks delivered by Saylor during his keynote speech at $BTC Prague 2026, Bitcoin remains in the early stages of absorbing global capital despite its growth over the past decade.

Presenting one of his most ambitious long-term forecasts, Saylor argued that Bitcoin’s network value could eventually reach $100 trillion.

“The Bitcoin network is going to expand to be a hundred trillion network,” Saylor said. “Bitcoin goes from 70,000 to 700,000 to $7 million a coin. It’s inevitable.”

His comments arrived as Bitcoin continued to benefit from improving market sentiment.

As crypto.news reported earlier, Bitcoin climbed more than 11% from its early June low after a U.S.-Iran peace agreement reduced concerns over energy supply disruptions, inflation pressures, and escalating geopolitical tensions.

On-chain analytics firm Santiment said the development encouraged investors to rotate back into risk assets, helping lift Bitcoin above $66,600 while pushing the total crypto market capitalization beyond $2.36 trillion.

Most global wealth remains outside Bitcoin

During the presentation, Saylor based his forecast on the gap between Bitcoin’s current size and the amount of wealth held across traditional financial markets.

According to Saylor, Bitcoin currently accounts for about $1 trillion of an estimated $1,000 trillion 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 of capital,” Saylor said. He added that roughly 99.9% of economic wealth has yet to enter the Bitcoin ecosystem.

Particular attention was given to institutional capital 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, advisory, wealth advisors, believe it or not, have control over $156 trillion,” Saylor said. “If the bank can’t buy anything related to Bitcoin, there’s $200 trillion we’re never going to get.”

Under Saylor’s framework, wider institutional access could unlock significant demand and contribute to the type of long-term appreciation he described.

Bitcoin-linked financial products are expanding access

Alongside direct ownership of Bitcoin, Saylor highlighted the growing role of digital financial products tied to the cryptocurrency.

According to Saylor, instruments built around digital credit and digital money are creating new ways for investors to gain exposure while using structures that resemble traditional financial products.

“Digital credit and digital money are actually killer apps that are strengthening the Bitcoin network right now,” Saylor said.

Elsewhere in the market, Japanese investment firm Metaplanet has discussed plans to develop Bitcoin-backed yield products, adding to a growing list of companies exploring financial services linked to the asset.

Saylor also pointed to Strategy’s own offerings. He described the company’s STRC security as a short-duration, high-yield fixed-income product designed for U.S. investors seeking Bitcoin-related exposure without directly holding the asset.

For investors willing to take on more volatility, Saylor characterized Strategy’s stock as an amplified version of Bitcoin, offering greater sensitivity to movements in the cryptocurrency’s price.

The comments came shortly after Strategy disclosed another Bitcoin purchase worth approximately $100 million, extending the company’s position as the largest corporate holder of the cryptocurrency.