Saylor Calls for Digital Asset Rights as Strategy Continues Bitcoin Buying Spree
Michael Saylor, Executive Chairman of Strategy (MSTR), has outlined a vision for digital assets in an essay posted to X and expanded on at a recent event hosted by the Bitcoin Policy Institute.
The core idea is a 'bill of digital rights' that protects five freedoms for anyone using digital assets: creating new assets, issuing them to raise money, holding or custodying them, transferring them freely, and using them to spend, invest, or borrow.
Saylor wants banks allowed to hold Bitcoin under normal commercial terms, rather than treating it as an unusually risky asset. He specifically called out Basel's 1,250% risk weight for certain crypto exposures and thinks regulators should rethink that rule so Bitcoin holders can borrow without having to sell their coins.
The plan also touches on tokenized securities, with Saylor wanting investors to be able to hold assets directly and move them between providers without being locked into one custodian. He tied this back to recent moves from US regulators, such as the SEC's proposed changes to transfer-agent rules that would cover blockchain records and tokenized securities.