
The Wolf Of All Streets "Bitcoin Will Be $10 Million!” The Future Of Capital Markets w/ Michael Saylor
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Nov 2, 2025 Michael Saylor, Chairman and co-founder of MicroStrategy, dives into Bitcoin's role as "digital gold" and the accelerating institutional adoption reshaping finance. He discusses the evolution of Bitcoin-backed credit instruments and highlights innovations like STRK and STRC, which promise high tax-efficient dividends. Saylor explains how major banks are now embracing Bitcoin, marking a crucial shift in global finance. He emphasizes the potential of digital capital to transform corporate credit and investment, signaling a new era in the financial world.
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Bitcoin As Digital Gold
- Michael Saylor frames Bitcoin as “digital gold” and separates the industry into digital capital (Bitcoin) and digital finance (tokenized assets).
- He argues the killer app for digital gold is gold-backed credit, reviving centuries-old credit dynamics atop Bitcoin.
Banks Unlock Bitcoin's Next Leg
- Institutional adoption by major banks is the key catalyst for Bitcoin to 10x from here, says Saylor.
- He points to rapid policy changes from big banks and regulators after the new administration as decisive.
Bank Trauma From Crypto Bank Failures
- Saylor recounts how the shutdown of Silvergate and Signature traumatized banks and pushed conservative crypto policies.
- He says the new administration's pro-crypto stance quickly reversed that fear and enabled banks to act.

