Michael Saylor Calls Bitcoin the Foundation of the Next Global Banking System
Michael Saylor is urging governments and sovereign wealth funds to rethink the future of banking through Bitcoin-backed digital deposit systems designed to attract trillions of dollars in global capital. Speaking at Bitcoin MENA in Abu Dhabi, Saylor outlined how overcollateralized digital credit, backed by sovereign BTC reserves, could power regulated digital bank accounts offering higher yields and lower volatility than traditional savings products.
The push comes as Strategy continues to aggressively accumulate Bitcoin, adding nearly $1 billion in BTC in its latest purchase. The move lifts the company’s total holdings above 660,000 BTC, even as Strategy’s stock remains sharply lower over the past year and broader digital asset treasury inflows show signs of cooling.
Saylor described Bitcoin as “digital capital” and positioned it as the monetary base for a new financial layer of digital credit that can strip volatility from capital and deliver consistent yield. Despite market skepticism and equity pressure, his message remains unchanged: Bitcoin is evolving from a speculative asset into the core reserve for a new era of global digital finance.
