Strategy executive chairman Michael Saylor says the company\u2019s core purpose is creating financial products backed by Bitcoin (BTC), a business model he compared to a reserve bank.<\/p>\n
According to him, Bitcoin\u2019s next stage of development should be about building a layered capital market around it.<\/p>\n
In a June 16 article published on X, Saylor\u00a0crowned<\/a> BTC as the foundation of a digital asset stack that includes digital credit, digital money, digital yield products, and digital equity.<\/span><\/p>\n According to him, Bitcoin\u2019s heavy price volatility is exactly what makes it suitable as a base asset for financial products that satisfy different investor needs. He propounded that corporations, banks, insurers, retirees, and payment companies may soon drift towards other forms of exposure and away from directly holding Bitcoin.<\/p>\n \u201cThe answer is not to change Bitcoin, it is to build products above Bitcoin that match the needs of each pool of capital,\u201d the American entrepreneur\u2019s article read.<\/p>\n He also explained that digital money should be pegged to fiat since the world\u2019s obligations are still priced in fiat. In his opinion, most people don\u2019t want a checking account that moves 5% in a day, and stablecoins have proved there\u2019s genuine product-market fit for digital dollars.<\/p>\n That broader view was echoed by analyst Maksym Sakharov, who recently argued that Bitcoin\u2019s long-term use case extends beyond the \u201cdigital gold\u201d narrative. According to him, settlement activity, collateral usage, and financial infrastructure built around Bitcoin may become more important adoption metrics than short-term price performance.<\/p>\n For Saylor, that evolution is already underway.<\/p>\n \u201cBitcoin remains Bitcoin,\u201d he wrote. \u201cThe world builds on top.\u201d<\/p>\n Speaking in an interview with Coin Stories host Natalie Brunell during the annual BTC Prague conference, Saylor clarified<\/a> how the largest publicly traded BTC treasury company uses its holdings to support credit instruments for investor income.<\/p>\n \u201cYeah, well, our company is like a Bitcoin reserve bank. The idea of the company is you have a tower of equity of $50 billion or more of equity capital, you own Bitcoin with that equity capital, and then you issue credit against it,\u201d he told Brunell.<\/p>\n The Strategy executive chairman also pushed back against critics, who\u2019ve been laying into him for selling<\/a> 32 BTC at the tail end of May and claiming that the company was part of why the market had been trading in the red.<\/p>\n \u201cI got very, very famous for saying, you don\u2019t sell your Bitcoin to the plebs. And on X, the Twitter trolls thought it\u2019s pretty easy to say, \u2018the most famous guy in the world for saying, don\u2019t sell your Bitcoin, just sold some Bitcoin,’\u201d the businessman said.<\/p>\n In the same interview, the permabull reaffirmed his belief that Bitcoin could see a 500x jump from its current levels, although it would need global credit markets to pull institutional capital into the Bitcoin ecosystem.<\/p>\n The post Michael Saylor Calls Bitcoin the Base Layer for a New Digital Capital Stack<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Strategy executive chairman Michael Saylor says the company\u2019s core purpose is creating financial products backed by Bitcoin (BTC), a business model he compared to a reserve bank. According to him, Bitcoin\u2019s next stage of development should be about building a layered capital market around it. From Digital Gold to Digital Architecture In a June 16 […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-182705","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/182705"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=182705"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/182705\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=182705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=182705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=182705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Saylor Pushes Back Against Critics<\/h2>\n