Michael Saylor Advocates for National Bitcoin Banks

Michael Saylor, executive chairman of Strategy, has proposed that national governments develop regulated digital banking platforms backed by Bitcoin reserves and tokenized credit tools. During his keynote at the Bitcoin MENA conference in Abu Dhabi, Saylor emphasized that these banks could integrate Bitcoin into mainstream financial frameworks, citing Strategy's recent purchase of 10,624 Bitcoin, valued at approximately $962.7 million.

Strategy now holds a total of 660,624 Bitcoin, reinforcing Saylor's belief in digital assets' potential role in financial systems. Saylor's proposed model entails licensed national banks offering digital accounts supported by overcollateralized Bitcoin holdings, tokenized debt instruments, and fiat reserves, suggesting an 80% allocation to tokenized credit and 20% to fiat, with a 10% reserve buffer for liquidity.

He advocates for a 5:1 overcollateralization ratio for the crypto component, which would exceed the underlying credit obligations. Saylor argues that countries adopting such frameworks could attract international savers seeking diversified, regulated options.

He pointed out that persistently low deposit yields in regions like Japan and parts of Europe may compel policymakers to explore digital asset-backed models to expand secure investment choices. Additionally, Saylor highlighted the competitive global investment landscape, suggesting that jurisdictions with strong digital banking regulations could attract between $20 trillion and $50 trillion in capital.

If countries implement Bitcoin-backed digital banking models, this could lead to innovations in financial product design, strategic positioning in digital finance, and necessary updates to banking infrastructure, including new supervisory frameworks and auditing standards.

Strategy is recognized as one of the world's largest corporate holders of Bitcoin, having acquired hundreds of thousands of BTC over several years.