Michael Saylor, CEO of MicroStrategy, has outlined a Bitcoin strategy aimed at positioning the United States as a global leader in the digital economy.
This move comes as his company expanded its Board of Directors from six to nine members, incorporating prominent crypto advocates to strengthen its strategic focus on digital assets.
Saylor defends Bitcoin reserve
On December 20, Saylor proposed a Strategic Bitcoin Reserve (SBR) to strengthen the dollar and boost the digital asset sector.
A strategic digital asset policy can strengthen the U.S. dollar, neutralize the national debt and position America as a global leader in the 21st-century digital economy — empowering millions of businesses, driving growth and creating trillions in value, Saylor wrote in X.
Saylor’s proposal outlines how a robust digital asset policy could create a renaissance in capital markets, unlocking trillions in value. He envisions a $10 trillion digital asset market by strengthening Treasury securities and digital assets.
He also believes that the expansion of this market could increase the valuation of the digital economy from $1 trillion to $590 trillion, with the United States leading the charge.
Establishing a Bitcoin reserve [is] capable of creating $16–81 trillion in wealth for the U.S. Treasury [and] providing a path to offset the national debt, Saylor said.
Despite these bold claims, critics like venture capitalist Nic Carter remain skeptical. Carter argues that the SBR concept lacks clarity and could destabilize markets rather than strengthen the dollar.
He points to Bitcoin’s volatility, citing its recent price drop from over $108,000 to $92,000, as evidence that it may not be a reliable reserve asset. Furthermore, Carter believes that such a move could undermine the dollar’s global standing rather than improve it.
“I don’t support a Bitcoin Strategic Reserve, and neither should you,” Carter said.
MicroStrategy’s New Board Members Bring Crypto Expertise
According to a December 20 SEC filing, the Bitcoin-focused company’s board has elected new members to its board. The new additions include Brian Brooks, former CEO of Binance US and a prominent figure in crypto regulation; Jane Dietze, Chief Investment Officer at Brown University; and Gregg Winiarski, Chief Legal Officer at Fanatics Holdings.
These new board members bring diverse expertise across finance, technology, and emerging markets, aligning with MicroStrategy’s broader strategic objectives. Brooks, in particular, is renowned for his regulatory and crypto expertise. He has held leadership roles at prominent crypto companies including Coinbase and BitFury Group, and also served as Acting Comptroller of the Currency.
Meanwhile, Dietze also served on the board of crypto asset management firm Galaxy Digital, while Winiarski has experience with a privately held global digital sports platform.
MicroStrategy Bitcoin Holindgs. Fonte: Bitcoin Treasuries
MicroStrategy is the largest publicly traded corporate holder of Bitcoin. According to data from Bitcoin Treasuries, the company currently holds 439,000 Bitcoin worth over $43 billion.
The article Michael Saylor and Bitcoin's Strategy for the US Economy was first seen on BeInCrypto Brasil.