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Bitcoin could rise from $70K to $7M per coin as vast global wealth remains untapped, says Michael Saylor.

Market News
16 Jun 2026, 11:20 WIB
Blockonomi
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Bullish
Bitcoin could rise from $70K to $7M per coin as vast global wealth remains untapped, says Michael Saylor.

Michael Saylor, Executive Chairman of Strategy, predicts Bitcoin's price will surge from around $70,000 to $700,000 and eventually reach $7 million per coin. He bases this forecast on the fact that Bitcoin currently captures only about $1 trillion of the estimated $1,000 trillion in global capital, with much of the remaining wealth held by traditional financial institutions that face restrictions on Bitcoin investments. Saylor also highlighted the growth of Bitcoin-based financial products like digital lending and fixed-income instruments, which are attracting new capital to the network. Strategy reinforced its commitment by acquiring an additional $100 million worth of Bitcoin following Saylor's keynote at BTC Prague 2026.

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