Key Takeaways
- Saylor noted that the establishment of a BTC reserve could help generate between $16 trillion and $81 trillion in wealth for the U.S. Treasury
- The framework emphasizes the expansion of global digital capital markets from $2 trillion to $280 trillion, allowing more businesses
MicroStrategy founder Michael Saylor has introduced a Digital Assets Framework for the United States, proposing strategies to strengthen the country’s economic position through digital assets.
A key aspect of the proposal is the establishment of a BTC reserve, which Saylor suggests could generate between approximately $16 trillion and $81 trillion in wealth for the U.S. Treasury and help in potentially address the national debt.
According to Saylor, a well-defined digital asset policy could expand economic opportunities, boost the U.S. dollar’s global standing, and position the country as a leader in the evolving digital economy.
“A strategic digital asset policy can strengthen the U.S. dollar, neutralize the national debt, and position America as the global leader in the 21st-century digital economy,” Saylor stated in a X post.
Saylor, in its framework, emphasized the expansion of global digital capital markets from $2 trillion to $280 trillion, allowing more businesses, including small and mid-sized enterprises, to participate. It proposes reducing issuance costs and increasing market access to drive economic growth, with U.S. investors expected to benefit significantly.
Saylor also envisions growth in digital assets beyond Bitcoin, such as tokenized commodities, real estate, and other financial instruments. He projects that the digital asset market could expand from $1 trillion to $590 trillion, with the United States capturing a substantial share of the resulting wealth.
Additionally, the framework suggests growing digital currency markets from $25 billion to $10 trillion, which could increase demand for U.S. Treasuries and reinforce the dollar’s role as a foundational currency in the global financial system.
The Bitcoin reserve is a central feature of the framework, with Saylor asserting that it could serve as a strategic financial tool for the country. In his view, this reserve could create significant wealth for the Treasury and enhance financial stability.
The proposal identifies six categories of digital assets: digital commodities (like Bitcoin), digital securities, digital currencies, digital tokens, non-fungible tokens (NFTs), and asset-backed tokens. It also outlines roles for issuers, exchanges, and owners, advocating for transparency and ethical standards. “No participant can lie, cheat, or steal,” the framework states.
To address regulatory concerns, the framework suggests a streamlined compliance process with defined cost limits—1% of assets under management for token issuance and 0.1% annually for maintenance. It recommends industry-led compliance over direct regulatory oversight to prioritize innovation and efficiency.
Under Saylor’s leadership, MicroStrategy has amassed over 439,000 BTC, making it the largest corporate holder of Bitcoin.
