Saylor shared a “digital asset framework” on X outlining how a US Bitcoin reserve could potentially generate between US$16 trillion and US$81 trillion in value — enough to offset the current US$36 trillion national debt.
A strategic digital asset policy can strengthen the US dollar, neutralize the national debt, and position America as the global leader in the 21st-century digital economy—empowering millions of businesses, driving growth, and creating trillions in value. https://t.co/7n7jQqPkf1
— Michael Saylor⚡️ (@saylor) December 20, 2024
The proposal comes amid Bitcoin’s price surge to over US$100,000. Saylor’s framework envisions US investors capturing the majority share of an expanded digital capital market.
“By establishing a clear taxonomy, a legitimate rights-based framework, and practical compliance obligations, the United States can lead the global digital economy,” Saylor wrote.
“A capital markets renaissance fueled by digital assets will unlock trillions in wealth, empower millions of businesses, and solidify the US dollar as the foundation of the 21st-century digital financial system.”
Such a pitch would be especially appealing to President-elect Donald Trump, as appears to be putting in place components for a crypto-friendly administration for when he takes office in January 2025. These include appointing crypto advocates in key roles and discussing the possibility of a US Bitcoin reserve publicly in several occasions.
MicroStrategy has been leading the corporate world by example with its gung-ho Bitcoin strategy, having transformed from a software company into what Saylor terms a “Bitcoin treasury” company. With approximately US$42.7 billion in Bitcoin holdings following a buying spree over the past few months, MicroStrategy has seen its stock reach all-time highs and recently joined the Nasdaq 100 index.
