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Michael Saylor, a vocal Bitcoin evangelist and co-founder of MicroStrategy, shared a strategic digital asset policy on X, aimed at strengthening the U.S. dollar and boosting the economy in the 21st century.

Strategic Bitcoin and Digital Asset Policy for the US

Saylor's document titled "Digital Assets Framework, Principles, and Opportunity (SO:FTCE11B) for the United States" categorizes digital assets, establishing their legitimacy and proposing a vision for a "Capital Markets Renaissance."

The proposal outlines several categories for digital assets:
1. Digital Commodity: Assets without an issuer, e.g., Bitcoin.
2. Digital Security: Assets with an issuer, backed by securities such as equity, debt, or derivatives.
3. Digital Token: Assets primarily defined by their utility.
4. Digital NFT and Digital ABT: ABT being assets backed by physical commodities like gold or oil.

Moreover, the document suggests creating a robust framework of rights and responsibilities for asset issuers, exchanges, and owners to participate in digital asset markets confidently. A core principle emphasizes that no participant has the right to deceive, and all are responsible for their actions.

Saylor's MicroStrategy Added to Nasdaq 100

MicroStrategy recently joined the Nasdaq 100, a significant achievement alongside companies like Tesla, Microsoft, and Amazon, attributed to its Bitcoin accumulation strategy. The company has funded Bitcoin investments through shareholder debt offerings, which provide returns on their indirect Bitcoin holdings in MicroStrategy.

This article was originally published on U.Today.