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Michael Saylor reiterated his prediction that Bitcoin will rise to 10 million dollars in the long term.

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PANews
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2 hours ago
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PANews April 29 news, Strategy founder and Executive Chairman Michael Saylor stated at the Bitcoin 2026 conference that digital credit is the killer application of Bitcoin, which will eat into the $3 trillion credit market and the $1 trillion equity market. The ultimate goal is to provide digital bank accounts with an annual yield of 8-10% for 1 billion people, pushing Bitcoin to $10 million each, making Bitcoin a $200 trillion network. Saylor pointed out that Bitcoin's annualized return over the past 5 years is 38%, which is the foundation for STRC to pay an 11% annualized return. STRC aims to provide double-digit returns and tax efficiency for equity investors, as well as principal preservation and stable cash flow for credit investors. STRC's Sharpe ratio reaches 2.7, surpassing Nvidia and the S&P 500 index, and in 8 months has become the largest and most liquid preferred stock in the world.

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