Michael Saylor publishes Bitcoin and crypto framework for the US authorities
The framework emphasizes transparency, decentralization, and monetary innovation as key principles for integrating crypto into mainstream finance.
Photo: Forbes
Key Takeaways
- Michael Saylor released a framework for integrating digital sources into the US monetary system.
- MicroStrategy expanded its Bitcoin holdings severely, reinforcing its stare of Bitcoin as a store of mark.
MicroStrategy founder Michael Saylor has released a total framework for integrating digital sources into the US monetary system.
The framework advocates for regulatory clarity, governance requirements, and interoperability to encourage institutional investment and broader adoption of crypto sources.
Saylor, sharing the framework on X, emphasized its significance, pointing out, “A strategic digital asset protection can provide a boost to the US buck, neutralize the national debt, and position The United States as the worldwide leader in the 21st-century digital economy.”
Among its key targets, the framework proposes increasing digital foreign money markets from $25 billion to $10 trillion, driving necessary quiz for US Treasuries.
It also outlines plans to enlarge global digital capital markets from $2 trillion to $280 trillion, guaranteeing that US traders absorb the bulk of this wealth.
Furthermore, the framework advocates for driving digital asset markets past Bitcoin from $1 trillion to $590 trillion, solidifying the US’ management in the sector.
A strategic Bitcoin reserve is also proposed, with the aptitude to generate $16–81 trillion in wealth, offering a pathway to offset the national debt and gives a boost to the US Treasury.
The e-newsletter comes amid market volatility, with Bitcoin dropping from $108,000 to $92,000 following Federal Reserve Chair Jerome Powell’s hawkish remarks before recovering to $97,000.
Since November 11, MicroStrategy has been shopping Bitcoin on a weekly basis, marking its sixth consecutive week of Bitcoin purchases.
This job aligns with the firm’s active job of expanding its Bitcoin holdings, with a full of 186,780 BTC accrued at some level of this six-week length spanning November and December 2024.
MicroStrategy’s full holdings now stand at 439,000 BTC, valued at over $42.6 billion, reinforcing its stance on Bitcoin as a store of mark and aligning with the framework’s vision for digital sources.
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