Speaking at the BTC Prague 2026 conference, Michael J. Saylor, executive chairman of Strategy, delivered one of his most ambitious predictions yet: Bitcoin will eventually reach $7 million per coin. He laid out a vision he calls “Bitcoin Capitalism,” where the world’s largest cryptocurrency evolves from a standalone digital asset into the foundation of a new global financial ecosystem.
According to Saylor, Bitcoin currently captures just $1 trillion of an estimated $1,000 trillion in global wealth — roughly 0.1%. He believes that share could rise to between 1% and 10% over the coming decades as corporations, banks, wealth managers, and governments embrace Bitcoin-based financial infrastructure. “Bitcoin goes from 70,000 to 700,000 to $7 million a coin. It’s inevitable,” he said.
The keynote coincided with a new $100 million Bitcoin purchase by Strategy, extending its position as the largest corporate holder of the cryptocurrency. The announcement came as Bitcoin rallied above $66,600 following a U.S.-Iran peace deal that lifted risk assets, with total crypto market cap moving beyond $2.36 trillion.
Central to Saylor’s thesis is the idea that most institutional capital remains locked out of Bitcoin. He pointed to banks and wealth managers controlling an estimated $156 trillion to $200 trillion in assets that cannot easily gain Bitcoin exposure due to regulatory and operational barriers. To unlock this, Saylor introduced the “Digital Asset Stack” — layers built on top of Bitcoin, including Digital Capital (Bitcoin itself), Digital Credit, Digital Money, Digital Yield, and Digital Equity.
He argued that Bitcoin-backed credit markets have already grown from virtually zero to an $11–12 billion asset class within the past year. These “killer apps,” as he called them, are pulling new capital into the network by offering familiar financial structures. Japanese investment firm Metaplanet separately announced plans for Bitcoin-backed yield products in Japan, adding to the momentum.
While the timeline and ultimate price target depend on unprecedented institutional participation and regulatory progress, Saylor’s presentation reinforced his conviction that Bitcoin is not merely a speculative asset but core financial infrastructure for the next generation of global finance.
