Michael Saylor walked onto a stage in Prague on June 12 and told a crowd of Bitcoin believers that the asset they’re holding could one day be worth $7 million per coin.
The Strategy executive chairman delivered a keynote titled “Digital Capital, Equity, and Credit” at BTC Prague 2026, a three-day conference running June 11-13 in the Czech capital. His thesis: Bitcoin isn’t just digital gold. It’s the foundation for an entirely new financial architecture that could absorb meaningful chunks of the global credit and equity markets.
The pitch: Bitcoin eats the credit market
Saylor’s core argument centered on what he sees as the inevitable collision between digital capital and the legacy financial system. The global credit market sits at roughly $300 trillion, and Saylor believes digital credit instruments, those backed by or denominated in Bitcoin, could capture significant portions of it.
Strategy, the company Saylor chairs, has spent six years building exactly the kind of corporate treasury model that proves the concept. The firm holds over 700,000 BTC, a position it has been accumulating since 2020, making it the largest corporate Bitcoin holder on the planet by a wide margin.
