Michael Saylor, executive chairman of Strategy, used an essay published on X on Sept. 26 to call for a “bill of digital rights” covering how people and companies create, hold, move and use digital assets, according to Ambcrypto. The essay, titled “Prescriptions for Prosperity in the Digital Economy,” argues that artificial intelligence will lift economic productivity and that the financial system should evolve alongside it.
Ambcrypto reported that Saylor set a $100 trillion target for the digital asset industry and wants the SEC, CFTC, Treasury and the White House to clear unnecessary barriers for digital-asset products. Strategy’s Bitcoin (BTC) holdings stood at 846,000 BTC, worth $71.62 billion at press time, with MSTR trading at $158.61 after a 1.86% decline in the prior session and Bitcoin near $84,640.20.
Also read: Saylor Moves Past CLARITY Act After Senate 49-50 Vote
Key facts
- Saylor’s essay proposes five rights for individuals and corporations: creating, issuing, custodying, transferring and using digital assets.
- Ambcrypto reported that Saylor criticized the CLARITY Act for leaning too far toward restrictions and called for regulation that gives certainty without limiting innovation.
- Strategy holds 846,000 BTC, worth $71.62 billion at press time, per Ambcrypto, while MSTR fell 1.86% to $158.61.
- Cointelegraph reported that Strategy resumed Bitcoin buying after a two-week pause, acquiring 950 BTC for $75.7 million at an average price of $79,670 per coin.
- Cointelegraph put Strategy’s total acquisition cost at about $63.8 billion, an average of $75,416 per coin, with Bitcoin near $84,523 at the time of its report.
Five freedoms and a de minimis tax fix
Saylor frames the value of an asset as a function of what its owner is permitted to do with it, arguing that limits on usefulness also limit economic potential. The five freedoms he lists — create, issue, custody, transfer and use — are meant to apply equally to people and to companies.
On taxes, Ambcrypto reported that Saylor proposes a meaningful “de minimis” exemption for ordinary digital-asset payments. His stated goal is an inflation-adjusted threshold that removes the need to compute capital gains or losses on every transaction. The essay also calls for banks to be able to custody Bitcoin and lend against it under workable rules, and for insurers to add digital assets to their balance sheets and products. He describes Bitcoin as “digital capital.”
Also read: Saylor's 'More Orange' Post Signals Another Strategy Bitcoin Buy
Ten million new companies
Cointelegraph reported a goal that does not appear in the Ambcrypto account: Saylor wrote that “our ambition should be to enable 10 million new companies to raise capital.” He reasoned that as digital intelligence automates jobs and makes products obsolete, prosperity will depend on creating new businesses and opportunities faster.
The two outlets agree that the rights should apply to people and companies alike. Cointelegraph reproduced his framing that an asset’s value depends on what its owner can do with it, and that restricting usefulness restricts economic potential.
Strategy’s 846,000 BTC
Ambcrypto reported Strategy’s stack at 846,000 BTC, worth $71.62 billion at press time, with STRC trading at 98.54 after a 0.23% gain. Cointelegraph gave the same 846,000 BTC figure but added the cost basis — about $63.8 billion, an average of $75,416 per coin — and reported the latest 950 BTC purchase at an average of $79,670.
The outlets’ Bitcoin snapshots also differed slightly: Ambcrypto cited roughly $84,640.20 after a move up from $75,000 in recent weeks, while Cointelegraph cited about $84,523.
Why it matters
Saylor is the largest corporate Bitcoin holder in the market, so his policy wish list carries weight with the banks, insurers and asset managers he wants to bring into custody and lending. A de minimis carve-out for small payments would affect anyone spending digital assets day to day, since it would remove the record-keeping that currently follows each purchase.
His pushback on the CLARITY Act also sets up a debate about whether the legislation should be judged by the barriers it removes rather than the restrictions it imposes. That argument lands as U.S. agencies weigh how much room digital-asset products get.
What to watch
The next signals are whether the SEC, CFTC or Treasury respond to the essay’s requests and whether lawmakers revisit the CLARITY Act. Strategy’s disclosure of further Bitcoin purchases will also show whether the accumulation pace continues after the two-week pause.
Nothing in Saylor’s $100 trillion projection is a guarantee. This is not financial advice; cryptocurrency and equity markets are volatile and uncertain.
Reported by ambcrypto.com.
Sources: AMBCrypto, Cointelegraph
