Why Michael Saylor Thinks Bitcoin Could Hit $10 Million

• Michael Saylor says Bitcoin (BTC) will reach a $10 million, driven by digital credit.
• To reach this price target will require retail and institutional adoption, as well as friendly government policies and global liquidity.

Michael Saylor, the executive chairman and co-founder of Strategy, has shared an ambitious BTC price prediction. The Bitcoin maximalist believes that Bitcoin is on its way to becoming a $200 trillion network.

Speaking at the Bitcoin 2026 conference, Saylor revealed an “endgame” to see BTC reach $10 million a coin, pushing its market cap past the $200 trillion mark. This would make BTC, by far, the most valuable asset in the world. For context, the total above-ground gold mined in history is estimated to be approximately $29 trillion.

In his speech, the Bitcoin maxi described the endgame as giving about a billion people 8% to 10% high yield digital bank accounts. Saylor noted that this way, BTC could replace the 20th-century credit instruments and zero-yielding bank accounts worldwide. The entrepreneur reckons that this path could see the largest digital asset reach over $10 million a coin.

Notably, the conference was a highly divisive event. Some in the Bitcoin community are against the huge number of institutional speakers.

Bitcoin’s Global Adoption Key to Reach $10M BTC Price

Despite prices falling below its $126,200  all time high, Bitcoin has continued to enjoy institutional and policy backing. Corporate treasuries have been a key driver of the BTC price. Companies are hedging against inflation and currency debasement.

Saylor’s Strategy remains the largest public company holding Bitcoin, with 818,334 BTC at the time of writing. Others are Elon Musk’s Tesla with 11,509 BTC, Jack Dorsey’s Block Inc. with 28,355 BTC, MARA Holdings, and Japan’s Metaplanet, with 40,177 BTC. In total, more than 145 countries around the world hold BTC.

Another key development was the launch of Bitcoin spot ETFs. Most notable is the BlackRock iShares Bitcoin Trust ETF (IBIT), which has attracted over $63 billion.

Clear regulations around Bitcoin have encouraged the involvement of institutions, and as governments around the world offer regulatory clarity, the asset will continue to enjoy mass adoption. Under the Trump administration, the U.S. has set itself as a clear leader in this frontier; some analysts speculate that China cannot afford to be left behind and will soon clear a path for its government, companies, and over a billion people to be involved in cryptocurrency.

As noted by Saylor, banks will also play a key role; current U.S. regulations allow banks to act as Bitcoin custodians. However, the rule remains inconsistent across the U.S states and in other parts of the world. This would need to be adopted worldwide to encourage millions of users to get into digital assets.

As ETHNews reported, one key actor is Germany, which plans to abolish the tax exemption for crypto investors who hold for more than a year.

Can BTC Reach $10M?

Although Bitcoin is making all the right strides, Saylor’s prediction is a highly ambitious one for the short to mid-term. At the time of writing, BTC is trading for around $77,000, marking a 1.5% drop in the last 7 days after being rejected at the $79,000 resistance level.

While the $10 million projection remains a possible outcome, the digital asset will require a long-term, sustained increase in investment with a joint effort from retailers, institutions, and governments.

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