Sure! Here’s the rewritten content with the HTML tags intact:
Michael Saylor has envisioned a future where Bitcoin serves as the backbone for the most effective credit instruments ever created in financial history.
Summary
- Michael Saylor, Executive Chairman of Strategy, referred to Bitcoin as “digital capital” and the cornerstone for scalable fixed-income solutions.
- Saylor highlighted that major banking institutions like JPMorgan and Wells Fargo are beginning to accept cryptocurrency as collateral.
- He forecasts that banking adoption could expand the crypto industry by tenfold within the next four years.
- Saylor anticipates Bitcoin could reach $10 million as the sector fully integrates into global finance.
In a recent interview at Money 20/20, Bitcoin entrepreneur Michael Saylor spoke with Scott Melker, host of The Wolf of All Streets, about how digital credit instruments are transforming corporate finance. The discussion, which has captivated the crypto community, saw Saylor share insights that could change how institutions and investors view Bitcoin, credit markets, and fixed-income investing.
Saylor began his talk by positioning Bitcoin (BTC) as the basis for “digital capital,” a contemporary store of value similar to digital gold. He distinguished this from “digital finance,” which pertains to the tokenization of tangible assets such as bonds and currencies. According to Saylor, regulatory clarity surrounding Bitcoin, especially following ETF approvals and supportive U.S. policies, has opened new avenues beyond mere holding, particularly in fixed-income instruments.

Speaking of institutional adoption, he commended banks like JPMorgan, Bank of America, Wells Fargo, BNY Mellon, PNC, Schwab, and smaller banks such as Texas Capital for easing restrictive crypto policies. JPMorgan’s recent decision to accept Bitcoin and Ethereum (ETH) as collateral highlights this transformation.
Saylor acknowledged the Trump administration’s favorable crypto stance, especially Treasury Secretary Scott Bessent’s efforts for regulatory clarity, as pivotal in enhancing banking sector involvement. He predicts this banking adoption could decuple the industry’s growth over four years.
Michael Saylor’s vision for Strategy
At the core of his presentation was Strategy’s innovative digital credit framework: $STRK, $STRF, $STRD, and $STRC. These instruments, backed by Bitcoin, offer yields ranging from 8% to 12.5%, surpassing traditional bonds and money markets. Saylor asserted that these offerings are 2 to 4 times more efficient than conventional fixed-income products.
He further contended that Strategy positions itself as the most scalable and tax-efficient fixed-income generator globally. With Bitcoin expected to appreciate by 20-30% annually, Strategy can provide high-yield dividends without depleting its capital. The company’s approach reverses traditional finance principles by using equity to finance dividends while holding appreciating assets—something he believes legacy finance cannot compete with.
Saylor envisions expanding Strategy to $2-3 trillion in assets by acquiring hundreds of billions in Bitcoin, potentially placing it ahead of other firms. He concluded his discussion by predicting that Bitcoin could reach $10 million within the next decade as adoption accelerates. This latest interview follows the company’s acquisition of an additional 390 Bitcoin valued at nearly $44 million, increasing the total to 640,808 BTC.
