Michael Saylor calls for digital asset bill of rights, eyes $100 trillion market
The Strategy executive chairman proposes five rights for digital asset users and says the industry could reach $100 trillion.
The short answer
Strategy executive chairman Michael Saylor has called for a bill of digital rights covering the creation, issuance, custody, transfer and use of digital assets. He shared the proposal at a Freedom Tech DC event and in an essay on X dated September 26, 2026. Saylor says digital assets could grow into a $100 trillion industry, and he wants banks, tokenization and tax rules to adapt.
What happened
Strategy executive chairman Michael Saylor has called for a "bill of digital rights" for people and companies that use digital assets. He shared the proposal at a Freedom Tech DC event organized by the Bitcoin Policy Institute. The framework centers on five rights: creating, issuing, holding, transferring and using digital assets.
He said owners should be able to choose self-custody or a third-party custodian without losing control of those assets. He backed smoother transfers between wallets and providers, plus transparency and anti-fraud measures. On capital formation, he set a goal for 10 million new companies to seek capital through more streamlined procedures.
A separate essay, "Prescriptions for Prosperity in the Digital Economy," went up on X on September 26. In it he wrote that the digital asset age "needs a bill of digital rights, not a bill of restrictions."
Why it matters
Saylor's plan goes beyond custody. He wants banks to hold Bitcoin as an asset and lend against it on reasonable commercial terms, which he said would let owners borrow without selling their Bitcoin. He pointed to Basel's 1,250% risk weight for Group 2b crypto exposures as a treatment policymakers should reconsider.
He also supports competition among banks, fintech firms and technology companies that offer digital dollars, and wants issuers to compete on yield and disclose product risks. His plan includes tokenized securities that investors could own directly and move between providers. He believes AI agents will need digital wallets, programmable payments and banking systems that work around the clock.
Saylor called on the SEC, the CFTC, the Treasury and the White House to remove unnecessary barriers. He proposes a "de minimis" tax exemption for ordinary digital asset payments, since buying everyday items with digital assets can force users to track capital gains or losses on each purchase. He criticized the CLARITY Act, and CoinGape reported he has argued the stalled bill could push more capital toward Bitcoin as regulators act independently.
He said broader adoption and easier access to capital could support a $100 trillion crypto market, and he believes digital assets can grow into a $100 trillion industry.
What the data shows
Strategy's Bitcoin holdings have reached 846,000 BTC, worth about $71.62 billion. Strategy stock traded at $158.61 at press time, down 1.86% in the past trading session, and its Stretch preferred stock traded at $98.54, up 0.23%. Bitcoin traded near $84,640 at press time, climbing from about $75,000 in recent weeks.
What is still unclear
- The reports do not say when the proposed rights would be written into legislation or which lawmakers would take them up.
- Neither report says whether the SEC, the CFTC, the Treasury or the White House have responded to Saylor's calls.
- The reports give no timetable for changes to Basel's risk-weight treatment or for the stalled CLARITY Act.
Questions readers ask
What are Michael Saylor's five digital asset rights?
They are the rights to create, issue, custody, transfer and use digital assets. Saylor wants those rights available to both individuals and companies.
Why does Saylor talk about a $100 trillion crypto market?
He links it to broader adoption and easier access to capital, and to his view that AI-driven commerce will need digital wallets and banking that runs 24/7.
How much Bitcoin does Strategy hold?
Strategy's Bitcoin holdings have reached 846,000 BTC, worth about $71.62 billion.
What is Saylor's de minimis tax idea?
He proposes a "de minimis" tax exemption for ordinary digital asset payments, so users would not have to track capital gains or losses on each purchase.