Michael Saylor proposed a five-layer architecture for digital assets, claiming that Bitcoin will evolve into the foundation of the global financial system.

According to Huoxun Finance, Strategy founder Michael Saylor proposed the concept of a "modern digital asset stack," arguing that Bitcoin, as digital capital, requires no protocol modifications, staking, or issuance. Its volatility can be transformed into yield-generating products through capital structure, becoming the underlying foundation for financial products such as digital lending, digital currencies, digital income, and digital equity, driving Bitcoin's evolution from a single asset into a global financial architecture. Specifically, STRC-type digital lending can provide yields, and combining Bitcoin-backed credit assets with cash equivalents can construct stable value instruments with yields of 6%-8%. In the future, stablecoins, payment networks, wallets, exchanges, and DeFi protocols can all operate based on Bitcoin-backed capital structures, providing corresponding digital assets for investors with different risk appetites. He emphasized that Bitcoin will maintain a fixed supply cap of 21 million coins, and innovation should focus on custody, securities, lending, payments, and capital markets, rather than altering the protocol itself.