Strategy (formerly MicroStrategy) Executive Chairman Michael Saylor has expressed strong support for the strategic cryptocurrency sanctuary proposed by President Donald Trump, calling it “the biggest economic program of the 21st century.”
In an interview with CNBC on March 3, Saylor dismissed concerns about Bitcoin (BTC) volatility and compared the potential government acquisition of assets with historic territorial purchases, citing the Manhattan-Alaska deal as an example of long-term value profits.
He also predicted that flagship codes would rise to an astounding $200 trillion market capitalization, as they ultimately cost around 20% a year.
The role in the US economy
Saylor, who reported $2.6 billion in profits from Bitcoin Holdings this year, said he is involved with both Democrats and Republican lawmakers along with members of the administration on digital assets strategy.
He highlighted that Trump's strategic reserve proposals, including Bitcoin and other cryptocurrencies, including Solana and XRP, in US reserves, will significantly strengthen the domestic crypto industry.
He described the vision of a comprehensive digital asset framework that classifies cryptocurrencies into digital commodities such as Bitcoin, digital currencies such as Stubcoin, digital securities designed to tokenize Wall Street assets, and digital tokens backed by utility.
Saylor argued that Bitcoin should not be a US dollar competitor, but should be seen as an alternative to international real estate, global equities, Wall Street's expensive money managers and long-term investments.
Future growth
Addressing volatility concerns, Saylor said no investors have lost money by holding Bitcoin for at least four years.
He predicts a massive expansion of BTC, with its market capitalization growing from $2 trillion to $20 trillion, eventually reaching $200 trillion, with an increase of 20% per year. Saylor further suggested that if the US acquires 10% to 20% of its Bitcoin supply, it could help offset national debt.
While acknowledging that implementation details remain uncertain, Saylor has expressed his trust in the management group, which is expected to provide recommendations for the digital asset framework by the July 22nd deadline.
As policymakers weigh the possibility of integrating Bitcoin into national reserve strategies, the impact of proposals on financial regulations, silly adoption, and Wall Street's response to tokenization of digital assets remains a central point of discussion.
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