
{"id":98246,"date":"2025-09-20T15:00:34","date_gmt":"2025-09-20T15:00:34","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=98246"},"modified":"2025-09-20T15:00:34","modified_gmt":"2025-09-20T15:00:34","slug":"bitcoin-is-digital-capital-that-outpaces-traditional-assets-michael-saylor","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=98246","title":{"rendered":"Bitcoin Is \u2018Digital Capital\u2019 That Outpaces Traditional Assets\u2014Michael Saylor"},"content":{"rendered":"<p>Strategy\u2019s long-running bet on <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> remains at the heart of the debate over the asset\u2019s place in finance. Based on reports, the firm now holds more than 638,500 BTC, a stake that Saylor has said is worth \u201ctens of billions\u201d of dollars.<\/p>\n<p>That stockpile has shaped both the company\u2019s identity and Michael Saylor\u2019s public message since <a href=\"https:\/\/www.strategy.com\/\" target=\"_blank\" rel=\"noopener\">Strategy<\/a> began buying Bitcoin in 2020.<\/p>\n<h2>Saylor Predicts Long Run Outperformance<\/h2>\n<p>According to Saylor\u2019s recent interview on Coin Stories, Bitcoin will outperform the <a href=\"https:\/\/www.spglobal.com\/spdji\/en\/indices\/equity\/sp-500\/\" target=\"_blank\" rel=\"noopener\">S&amp;P 500<\/a> \u201cforever.\u201d He went further, saying the S&amp;P 500 would lose nearly 29% each year when measured against Bitcoin for the next 21 years.<\/p>\n<p>Those are among the most aggressive public forecasts he has voiced. He also pointed to Bitcoin\u2019s returns over the past 10 years as proof that the gap already exists.<\/p>\n<p>My discussion with <a href=\"https:\/\/twitter.com\/natbrunell?ref_src=twsrc%5Etfw\">@NatBrunell<\/a> on the digital transformation and reinvigoration of capital markets through digital credit instruments \u2014 <a href=\"https:\/\/twitter.com\/search?q=%24STRK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$STRK<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24STRF&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$STRF<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24STRD&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$STRD<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24STRC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$STRC<\/a> \u2014 built on <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> digital capital.<a href=\"https:\/\/t.co\/t8AcsgdiKF\">pic.twitter.com\/t8AcsgdiKF<\/a><\/p>\n<p>\u2014 Michael Saylor (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1969037433078497723?ref_src=twsrc%5Etfw\">September 19, 2025<\/a><\/p>\n\n<h2>Saylor Frames Bitcoin As Digital Capital And New Collateral<\/h2>\n<p>Based on reports, Saylor described Bitcoin as a form of <a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S0736585318309316\" target=\"_blank\" rel=\"noopener\">\u201cdigital capital\u201d<\/a> that could be used to back loans and other credit instruments. He argued that a fixed supply and decentralized network give Bitcoin a more predictable long-term path than fiat money.<\/p>\n<p>Policy action is part of his effort. Meetings with other crypto executives, including talks about a strategic Bitcoin reserve bill, were mentioned as steps toward making the asset more widely accepted in finance and policy circles.<\/p>\n<p>Claims About Fiat And Collateral Face Real Tests<\/p>\n<p>Saylor contrasted Bitcoin with the US dollar and with conventional collateral, saying currencies suffer from long-term depreciation tied to inflation and central bank policy.<\/p>\n<p>But critics point to Bitcoin\u2019s price swings and regulatory uncertainty as real obstacles to using it as stable collateral. Some risk would be built into any credit product that leans heavily on a volatile asset. These concerns have been raised by market participants and remain part of the public record.<\/p>\n<p>Strategy\u2019s Corporate Path And Index Eligibility<\/p>\n<p>Saylor explained why Strategy is not yet in the S&amp;P 500. He said the company needed changes in fair value accounting and sustained profitability before it could be considered.<\/p>\n<p>Reports show the company only began its major Bitcoin purchases in 2020 and has since anchored much of its corporate strategy to the coin. That strategy continues to shape investor views of the company\u2019s earnings and balance sheet.<\/p>\n<p><em>Featured image from Unsplash, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Strategy\u2019s long-running bet on Bitcoin remains at the heart of the debate over the asset\u2019s place in finance. Based on reports, the firm now holds more than 638,500 BTC, a stake that Saylor has said is worth \u201ctens of billions\u201d of dollars. That stockpile has shaped both the company\u2019s identity and Michael Saylor\u2019s public message [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":98247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-98246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/98246"}],"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=98246"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/98246\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/98247"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=98246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=98246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=98246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}