When Michael Saylor talks about Bitcoin, people tend to listen — and his latest statement is no exception. He recently said:
"When your bank lets you buy Bitcoin from your phone, you can be sure it will already cost $1,000,000."
In his view, widespread adoption of Bitcoin by banks will mark a major tipping point — one that could send the price soaring.
Why this matters:
Saylor isn’t just making noise. As the founder of MicroStrategy, which holds over 200,000 BTC, he’s one of the most prominent voices backing Bitcoin from the institutional side. His views often influence how both investors and the media think about the long-term direction of the market.
How banks could change the game:
According to Saylor, the real shift will come when traditional banks start making it easy to buy, hold, and recommend Bitcoin. That could mean:
Buying Bitcoin directly through banking apps
Promoting it as a long-term store of value or an inflation hedge
Offering Bitcoin-related financial products like ETFs and derivatives
With only around 450 new Bitcoins mined daily, a wave of institutional demand from banks could overwhelm the limited supply, pushing prices much higher.
Is $1 million per coin really possible?
For Saylor, it's not a matter of "if," but "when." He’s even floated the idea of Bitcoin reaching $5 to $10 million over the long run — especially if global adoption picks up.
Even more conservative experts acknowledge that a $1 million price tag isn’t out of the question, provided certain conditions fall into place:
Regulatory environments become more favourable
More institutions begin to adopt Bitcoin
Continued inflation drives demand for hard assets
A final thought:
Saylor’s quote isn’t just a forecast — it’s also a warning. By the time Bitcoin is widely available through your bank, it may already be too expensive for most people. If bank adoption is inevitable, the question becomes: Will you be ahead of the curve or left on the sidelines?