Major US banks seek Bitcoin advice, plan custody and credit products in 2026, says Michael Saylor

Michael Saylor, executive chairman of Strategy, revealed that every major US bank, including JPMorgan, Citi, and Bank of America, has contacted him in the past six months for Bitcoin guidance. These banks are moving beyond holding Bitcoin to creating credit and lending products backed by Bitcoin, treating it like traditional collateral. Wells Fargo and Citi are expected to launch Bitcoin custody services in 2026, paving the way for more institutional adoption and new financial products. This shift could unlock significant institutional capital and change how large investors use Bitcoin, though it also carries risks related to volatility and leverage.