News 
December 22, 2024 
4 min. 
Michael Saylor, the Executive Chairman of MicroStrategy, has shared a bold vision for using Bitcoin to position the United States as a leader in the digital economy.
This announcement follows MicroStrategy’s decision to expand its Board of Directors from six to nine members, bringing in high-profile crypto advocates to enhance its focus on digital assets.
On December 20, Saylor introduced the idea of a Strategic Bitcoin Reserve (SBR) as a way to tackle economic issues, boost the dollar’s global dominance, and unlock growth in the digital asset space.
“A strategic digital asset policy can strengthen the US dollar, neutralize the national debt, and position America as the global leader in the 21st-century digital economy — empowering millions of businesses, driving growth, and creating trillions in value,” Saylor wrote on X.
According to Saylor, a solid digital asset policy could spark a renaissance in capital markets, potentially unlocking trillions of dollars in value. He predicts the digital currency market could grow to $10 trillion, increasing demand for U.S. Treasuries and driving innovation in the sector.
He also envisions this expansion boosting the digital economy’s worth from its current $1 trillion to an astonishing $590 trillion, with the U.S. taking the lead.
However, not everyone is on board with Saylor’s ambitious plan. Venture capitalist Nic Carter is skeptical, calling the SBR idea vague and potentially harmful.
Carter argues that Bitcoin’s volatility, such as its recent drop from over $108,000 to $92,000, makes it unreliable as a reserve asset. He also warns that adopting such a strategy could destabilize markets and weaken the dollar’s position globally.
“I don’t support a Strategic Bitcoin Reserve, and neither should you,” Carter stated.
New Crypto-Focused Board Members Join – Michael Saylor says
On December 20, MicroStrategy revealed in an SEC filing that it has elected three new board members with extensive crypto experience.
The additions include Brian Brooks, former Binance US CEO and a well-known figure in crypto regulation; Jane Dietze, Chief Investment Officer at Brown University; and Gregg Winiarski, Chief Legal Officer at Fanatics Holdings.
Each brings valuable expertise in finance, technology, and emerging markets, aligning with MicroStrategy’s vision for growth. Brooks, known for his leadership roles at Coinbase and BitFury Group, as well as his time as Acting Comptroller of the Currency, is a standout addition.
Dietze has served on the board of Galaxy Digital, a crypto asset management firm, while Winiarski brings legal and operational insights from his experience with a global digital sports platform.
These appointments reflect MicroStrategy’s commitment to driving innovation and shaping the future of digital assets.
