Michael Saylor Declares Bitcoin ’Digital Capital’—Leaving Traditional Assets in the Dust

Move over gold, stocks, and bonds—Bitcoin isn’t just an asset; it’s digital capital, and it’s outperforming everything in its path. Michael Saylor, ever the bitcoin maximalist, just dropped another truth bomb that’s ricocheting across finance and tech circles.

Why Bitcoin Wins

Saylor argues Bitcoin operates in a league of its own—decoupled from legacy systems, immune to inflationary whims, and built for the digital age. While traditional assets cling to twentieth-century infrastructure, Bitcoin’s blowing past them with twenty-first-century velocity.

No Backing—No Problem

It doesn’t need a government guarantee or a corporate balance sheet. Its value comes from code, consensus, and pure network effect—something your grandfather’s investment portfolio can’t compete with. And let’s be real: if the S&P 500 moved this fast, your broker would have a heart attack.

The New Guard

Finance traditionalists might scoff, but numbers don’t lie. While they’re still rebalancing spreadsheets and praying for dividend bumps, Bitcoin’s cutting through noise—and red tape—like a hot knife through regulatory butter.

So, is it volatile? Sure. Revolutionary? Absolutely. And as one cynic quipped: 'Wall Street still thinks digital capital is just another Excel shortcut.'

Saylor Predicts Long Run Outperformance

According to Saylor’s recent interview on Coin Stories, Bitcoin will outperform the S&P 500 “forever.” He went further, saying the S&P 500 WOULD lose nearly 29% each year when measured against Bitcoin for the next 21 years.

Those are among the most aggressive public forecasts he has voiced. He also pointed to Bitcoin’s returns over the past 10 years as proof that the gap already exists.

My discussion with @NatBrunell on the digital transformation and reinvigoration of capital markets through digital credit instruments — $STRK $STRF $STRD $STRC — built on $BTC digital capital.pic.twitter.com/t8AcsgdiKF

— Michael Saylor (@saylor) September 19, 2025

Saylor Frames Bitcoin As Digital Capital And New Collateral

Based on reports, Saylor described Bitcoin as a FORM of “digital capital” that could be used to back loans and other credit instruments. He argued that a fixed supply and decentralized network give Bitcoin a more predictable long-term path than fiat money.

Policy action is part of his effort. Meetings with other crypto executives, including talks about a strategic Bitcoin reserve bill, were mentioned as steps toward making the asset more widely accepted in finance and policy circles.

Saylor contrasted Bitcoin with the US dollar and with conventional collateral, saying currencies suffer from long-term depreciation tied to inflation and central bank policy.

But critics point to Bitcoin’s price swings and regulatory uncertainty as real obstacles to using it as stable collateral. Some risk would be built into any credit product that leans heavily on a volatile asset. These concerns have been raised by market participants and remain part of the public record.

Saylor explained why Strategy is not yet in the S&P 500. He said the company needed changes in fair value accounting and sustained profitability before it could be considered.

Reports show the company only began its major Bitcoin purchases in 2020 and has since anchored much of its corporate strategy to the coin. That strategy continues to shape investor views of the company’s earnings and balance sheet.

Featured image from Unsplash, chart from TradingView