At the Bitcoin 2026 conference in Las Vegas, Michael Saylor – founder and executive chairman of Strategy – once again reaffirmed his groundbreaking long-term prediction: Bitcoin will reach a price of $10 million per coin, transforming into a $200 trillion asset network.
Saylor's central argument revolves around a concept he calls "digital credit." According to him, this is the true breakthrough application of Bitcoin, with the potential to penetrate the global credit market worth $300 trillion and the Capital market worth $100 trillion.
Saylor's long-term vision is to make Bitcoin the platform to provide profitable digital banking accounts with returns of 8 to 10% per year to 1 billion people, particularly targeting the untapped or underserved segments of the global population. He argues that once a sufficient number of users and Capital flows into this ecosystem, Bitcoin will naturally reach a valuation of $10 million.
Saylor also pointed out the mathematical basis for the financial products that Strategy is building. He emphasized that Bitcoin's 38% annual return over the past five years is the foundation upon which STRC – Strategy's newest preferred stock product – can deliver an 11% annual yield to investors. STRC is designed to simultaneously deliver double-digit returns and tax efficiency for Capital investors, as well as Capital preservation and stable cash flow for credit investors.
In terms of performance, Saylor revealed that STRC achieved a Sharpe Ratio of 2.7 – surpassing both Nvidia and the S&P 500 index – and in just eight months became the largest and most liquidation preferred stock globally.
