Michael Saylor Engages Top U.S. Banks on Bitcoin
- Michael Saylor met with U.S. banks about Bitcoin BTC -2.53% .
- BNY Mellon and JP Morgan were mentioned, indicating growing BTC engagement.
- Strategy aims to expand its influence with Bitcoin ownership.
Michael Saylor, Executive Chairman of Strategy, recently revealed interactions with several major U.S. banks about Bitcoin-related services at the Bitcoin MENA 2025 conference.
The discussions highlight growing institutional interest in Bitcoin, potentially transforming financial strategies and market dynamics by 2026, though no confirmations from the banks have emerged.
Michael Saylor, Executive Chairman of Strategy, announced he met U.S. banks about Bitcoin, sparking interest. Key institutions like BNY Mellon and JP Morgan were named, highlighting the financial sector’s growing BTC engagement.
Strategy currently owns 660,624 BTC, aiming to expand its influence. Banks like Bank of America and Citigroup might explore BTC-backed credit, reflecting expanding Bitcoin adoption in traditional finance.
“U.S. banks will custody Bitcoin and issue BTC-backed credit by 2026, enabling digital credit vehicles outperforming bonds.” – Michael Saylor, Executive Chairman, Strategy.
The news positions banks to potentially reshape Bitcoin’s role in finance. BTC-backed credit could become a new financial instrument, broadening investment opportunities.
This involvement marks a shift in financial dynamics, with U.S. banks possibly offering BTC products by 2026. Saylor’s visionary tactic continues to disrupt and influence banking approaches and strategies toward digital assets.
Such developments emphasize Bitcoin’s growing traction in finance. The move could influence Bitcoin’s liquidity and market strategies significantly.
Potential financial advancements hinge on these banking collaborations. Historical trends in digital assets and Saylor’s proactive strategy might set new standards for bank-driven BTC initiatives, emphasizing a shift toward innovative financial instruments.
