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Strategy (formerly MicroStrategy) Executive Chairman Michael Saylor voiced strong support for President Donald Trump’s proposed strategic crypto reserve, calling it potentially “the greatest economic program of the 21st century.”
In an interview on CNBC ON March 3, Saylor dismissed concerns about Bitcoin’s (BTC) volatility and compared potential government acquisitions of the asset to historical territorial purchases, citing the deals for Manhattan and Alaska as examples of long-term value gains.
He also projected the flagship crypto would eventually rise to a staggering $200 trillion market cap as it appreciates roughly 20% annually.
Role in US economy
Saylor, whose firm has reported a $2.6 billion gain on Bitcoin holdings this year, said he has engaged with both Democratic and Republican lawmakers, along with members of the administration, regarding the digital asset strategy.
He emphasized that Trump’s strategic reserve proposal, which includes Bitcoin and other cryptocurrencies, including Solana and XRP, in a US reserve, would significantly bolster the domestic crypto industry.
He described a vision for a comprehensive digital asset framework that categorizes cryptocurrencies into digital commodities like Bitcoin, digital currencies such as stablecoins, digital securities designed to tokenize Wall Street assets, and digital tokens that are backed by utility.
Saylor argued that Bitcoin should not be viewed as a competitor to the US dollar but rather as an alternative to international real estate, global equities, expensive money managers on Wall Street, and any long-term investment.
Future growth
Addressing volatility concerns, Saylor stated that no investor has ever lost money by holding Bitcoin for at least four years.
He projected massive expansion for BTC, predicting that its market capitalization could grow from $2 trillion to $20 trillion and eventually reach $200 trillion, increasing at a rate of 20% annually. Saylor further suggested that if the US were to acquire 10% to 20% of the Bitcoin supply, it could help offset its national debt.
While acknowledging that implementation details remain uncertain, Saylor expressed confidence in the administration’s working group, which is expected to provide recommendations for a digital asset framework by the July 22 deadline.
The proposal’s implications on financial regulations, stablecoin adoption, and Wall Street’s reaction to digital asset tokenization remain central points of discussion as policymakers weigh the feasibility of integrating Bitcoin into a national reserve strategy.
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