In a significant departure from his usual exclusive focus on Bitcoin, MicroStrategy Executive Chairman and prominent Bitcoin advocate Michael Saylor has publicly endorsed the Solana blockchain for the future of programmable digital credit. The comments were made during his speech at the Bitcoin for Corporations conference and quickly amplified by Solana's official X account.
Saylor outlined a layered vision for the digital asset market, positioning Bitcoin as the secure base layer for digital capital—a long-term store of value and treasury asset that prioritizes durability and consistency over speed. In contrast, he described execution networks like Solana as essential for powering programmable digital credit, which he defines as "digital capital refined." He stated that such credit systems require high speed, low transaction costs, and advanced programmability to strip risk, dampen volatility, and extract yield.
"Programmable means you can create credit and convert it into a token, a private fund, a public fund, an ETF, an ETP," Saylor explained. He listed various platforms where such digital credit could be deployed, including traditional exchanges like NASDAQ and financial systems from Fidelity and Morgan Stanley, alongside blockchain platforms like Solana and Ethereum.
While acknowledging Ethereum, Saylor's speech and subsequent social media commentary placed particular emphasis on Solana's network design and throughput capacity as being suited for scalable financial applications and token issuance. He framed Bitcoin and execution networks like Solana as complementary parts of a broader digital economy, with Bitcoin anchoring value and Solana powering credit creation.
It is crucial to note that Saylor's comments represent a conceptual expansion of his public blockchain commentary and do not signal a change in MicroStrategy's corporate strategy. The company continues to hold substantial Bitcoin reserves as its primary treasury asset.
