Michael Saylor has proposed the "Digital Asset Five-Layer Network" and stated that Bitcoin will evolve into the foundation of the global financial system.

June 16 — MicroStrategy founder Michael Saylor unveiled the "Modern Digital Asset Stack" concept this morning, framing Bitcoin not just as digital capital but as the foundational layer for next-generation financial products: digital credit, digital money, digital yields, and digital equity. His vision positions Bitcoin to evolve from a standalone asset to the backbone of a global financial architecture. Saylor emphasized Bitcoin does not require protocol tweaks, staking, or new token issuances to fulfill this role. The asset’s volatility, he explained, can be leveraged to create yield-generating products via tailored capital structures. For instance, STRC-like digital credit instruments will deliver returns, while digital money can be built into stable-value tools offering ~6–8% yields by pairing Bitcoin-backed credit assets with cash equivalents. Looking ahead, Saylor argued that stablecoins, payment networks, wallets, crypto exchanges, and DeFi protocols can all operate atop Bitcoin-backed capital frameworks. This setup would cater to investors across every risk tolerance level by offering digital capital, yield products, and stable assets. He underscored that Bitcoin will retain its hard cap of 21 million coins, with all innovation happening outside the protocol itself — in areas like custody solutions, securities services, credit infrastructure, payment systems, and capital markets. “Bitcoin is digital capital, and the world will build its financial system on top of Bitcoin,” Saylor stated.