US Banking Giants Are Quietly Piling Into Bitcoin Credit, Claims Michael Saylor
At Bitcoin MENA 2025 in Abu Dhabi, Michael Saylor used his keynote to ship a transparent message: main US banks have quietly pivoted from excluding Bitcoin to actively constructing merchandise on prime of it – and they’re now coming on to him.
“In the previous six months I’ve famous and been approached by BNY Mellon, by Wells Fargo, by Bank of America, by Charles Schwab, by JP Morgan, by Citi,” the Strategy (MSTR) government chairman mentioned. “They are all beginning to challenge credit score towards both Bitcoin or towards Bitcoin derivatives like IBIT.”
JUST IN: Michael Saylor says he acquired approached by all the foremost banks lately to launch #Bitcoin services.
Banks are right here
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— Bitcoin Magazine (@BitcoinMagazine) December 9, 2025
Big Banks Now Want Bitcoin Exposure
Saylor contrasted that with the scenario a 12 months earlier, when “all the massive banks within the United States” nonetheless refused to financial institution Bitcoin. Now, he mentioned, the sector is transferring towards custody and credit score. “Wells Fargo and Citi have each public introduced intent to permit the custody of Bitcoin throughout the banks and within the 12 months 2026 they’ll begin to prolong credit score,” he instructed the viewers.
Saylor framed this because the institutional expression of a broader coverage shift in Washington, which he described as treating BTC as “digital gold” and, extra broadly, “digital capital.” He claimed there’s now “a profound consensus amongst everybody operating the United States” – from the president and vp to the Treasury, SEC and different prime officers – that Bitcoin is a strategic digital asset.
“The United States is essentially the most influential monetary regulator on this planet,” he mentioned. “Whatever the US banking system does and the US safety market does ripples by means of South America […] Europe […] the Middle East […] even Hong Kong. Even the Chinese will copy what the US is doing.”
Against that backdrop, Saylor positioned Strategy as “the world’s first digital treasury firm,” whose enterprise mannequin is to industrialize BTC-backed credit score. He reported that the corporate now holds 660,624 BTC, together with 10,600 BTC acquired “yesterday,” and is at the moment shopping for “within the vary of $500 million to a billion per week” in Bitcoin. “We’re not stopping,” he mentioned. “I believe that we will purchase extra Bitcoin than the sellers can promote. And we’re going to take all of it. And we’re going to take it out of circulation.”
The core of his argument is the conversion of risky “digital capital” into extra secure “digital credit score.” Strategy over-collateralizes its credit score devices “five-to-one or ten-to-one,” aiming to guard principal even when BTC falls 90%. In return, it targets yields round 8–12.5% in its most well-liked and be aware constructions, funded by BTC’s anticipated long-term appreciation.
Saylor introduced MSTR fairness as “amplified Bitcoin” as a result of issuing credit score and reinvesting in BTC can, in his mannequin, double BTC-per-share roughly each seven years. For traders who “don’t belief anyone,” he argued, holding BTC straight stays rational; for these wanting yield and decrease volatility, he pitched BTC-backed credit score because the superior alternative.
He then prolonged the logic additional, outlining a path from digital credit score to “digital cash.” By setting up a fund that’s principally composed of short-duration BTC-backed credit score (reminiscent of his “Stretch” structure), buffered with fiat devices and money, Saylor claimed one can create a $1 instrument with near-zero volatility and an estimated yield round 8%, distributed as tax-deferred dividends. “I may create what seems to be like a stablecoin […] a $1 stablecoin secure to 6 important digits that pays you 8% yield tax-deferred however powered by Bitcoin,” he mentioned, including that banks, asset managers or crypto corporations may wrap this into cash, funds or deposit-like accounts.
The speech ended as a direct attraction to sovereign wealth funds and regulators within the area. Saylor urged nations that “wish to be the Switzerland of the 21st century” to let banks custody Bitcoin, prolong BTC-backed credit score and finally provide digital-money accounts that pay a number of hundred foundation factors above the risk-free price. “If you give individuals cash that’s higher than each different financial institution on Earth, all the capital on this planet will move into that nation, that financial institution,” he mentioned.
At press time, BTC traded at $92,700.