Strategy Executive Chairman Michael Saylor predicts Bitcoin could eventually reach $7 million per coin if global capital markets adopt it as a mainstream form of digital capital. Speaking on June 15 at BTC Prague, Saylor argued that Bitcoin currently represents only a tiny fraction of global wealth, holding $1 trillion out of $1,000 trillion of capital, or 10 basis points of all capital in the world. He forecasts Bitcoin’s rise from $70,000 to $700,000 and eventually $7 million depends on increasing its share of global capital to 10%, describing a $100 trillion network expansion as "inevitable".

Market Dynamics and Support Levels

Saylor rejected claims that Strategy poses a systemic risk to Bitcoin, arguing instead that the company acts as a "shock absorber" during the current bear market. He highlighted that Strategy sold just 32 BTC during the downturn while buying roughly 250,000 BTC on a net basis. "We're the ones keeping the market from crashing more," Saylor said. He noted Bitcoin has fallen from around $120,000 to roughly $60,000 over the past eight months, bringing it near its 200-week moving average, a level he described as a key long-term support zone.

Bitcoin Dominance and Future Outlook

Bitcoin dominance has climbed from around 40% during the peak of speculative crypto excess to nearly 70%, showing capital consolidation around the leading digital monetary network. "There is no second best," Saylor stated, dismissing challenges from Ethereum, Solana, or XRP. He described Bitcoin as "digital capital," superior to physical assets like real estate or gold because it is global, programmable, and immutable.

Integration with Financial Institutions

Saylor emphasized that Bitcoin’s next phase requires integration with banks, wealth advisors, pension funds, and insurance companies. He outlined that wealth advisors control roughly $156 trillion, while banks control about $200 trillion. "If the bank can’t buy anything related to Bitcoin, there’s $200 trillion we’re never going to get," he said. The goal is to create digital products like BTC-backed credit and yield vehicles to bring conservative capital into the ecosystem.

Mexican billionaire Ricardo Salinas has disclosed that approximately 70% of his liquid investment portfolio is allocated to Bitcoin and related mining assets. The chairman of Grupo Salinas emphasized his preference for Bitcoin over fiat currencies, arguing that global monetary debasement makes the cryptocurrency a superior store of value. He made these remarks during an interview with CoinDesk on June 17.

Salinas clarified that his significant allocation to Bitcoin applies specifically to his liquid financial portfolio, distinct from his total net worth which includes businesses, real estate, and other physical assets. Within the liquid portfolio, 80% is dedicated to Bitcoin and miners, while the remaining 20% is invested in gold and silver miners. He noted that his exposure to Bitcoin has increased even as BTC prices declined by around 40% over the past year.

The billionaire's advocacy for Bitcoin stems from a long-standing interest in sound money, influenced by family discussions following the end of dollar convertibility into gold in 1971. Although introduced to Bitcoin around 2013 when it traded between $200 and $400, his perspective shifted after reading "The Bitcoin Standard" by Saifedean Ammous. Salinas concluded that Bitcoin represents a new and better form of money, framing the choice not as between Bitcoin and gold, but between Bitcoin and fiat currencies.

Portfolio Allocation

Salinas detailed the composition of his liquid investments, highlighting a strategic focus on digital assets and precious metals.

Investment Strategy

Salinas advises investors to approach Bitcoin as a long-term savings asset rather than a short-term trade. He recommends converting fiat currency into Bitcoin immediately upon receipt and storing it without frequent monitoring. "As soon as I get my hands on some fiat, I turn it into Bitcoin," Salinas stated. He also supports dollar-cost averaging and suggests investors consider including Bitcoin exposure in retirement accounts where regulations permit.

Despite characterizing Mexico's regulatory environment as hostile toward crypto, Salinas believes the country's large cash economy indicates a public desire to escape taxation and fiat controls. He views Bitcoin as the logical next step in this financial evolution, driven by its fixed supply and growing global demand. "Supply is certainly over," Salinas said. "It's now all about demand."