Michael Saylor pointed to a shift in bitcoin’s trajectory, arguing that its future will be shaped less by reduced issuance and more by its use as digital capital across credit markets, institutions, and global finance.
Key Takeaways:
Michael Saylor says bitcoin’s next phase will be defined by digital capital, not just buy-and-hold demand.He argues digital credit could bring bitcoin deeper into banks, funds, insurers, pensions and sovereign finance.The key question is whether this expansion stays anchored to real bitcoin or drifts into paper claims.The Strategy executive chairman added:
The Next Challenge May Not Be Adoption, but How It HappensThe next adoption wave, in Saylor’s view, will move beyond retail investors. He wrote:
