Bitcoin to $10 Million? Michael Saylor Says Advisors Will Be Last to Know
Michael Saylor predicts Bitcoin could reach $10 million before financial advisors fully endorse it, as trillions in wealth remain locked behind restrictive platform policies.
A chart shared by Tephra Digital shows that despite regulatory approval, only 38% of wealth management firms—like Schwab, Fidelity, and Wells Fargo—offer unrestricted access to Bitcoin ETFs. Meanwhile, firms controlling over $30 trillion, such as Vanguard and Citi, either restrict or prohibit access entirely.
Saylor argues this slow institutional adoption delays massive capital inflows, estimating that even a 1–5% allocation from restricted firms could inject $312 billion to $1.56 trillion into Bitcoin, potentially reshaping the market.
Clever Robot News Desk 2nd May 2025
