Michael Saylor: Bitcoin's modern digital asset stack consists of five layers of architecture

Strategy founder Michael Saylor proposed a five layer architecture on the X platform consisting of digital capital (BTC), digital credit, digital currency, digital revenue, and digital equity. Michael Saylor stated that Bitcoin does not require staking, inflation, or protocol changes to generate revenue, and revenue should be created on top of Bitcoin through capital structure. The combination of digital currency, digital credit, and fiat cash equivalents has a target yield of 6-8%. This architecture does not change the underlying structure of Bitcoin, but expands it into a global financial infrastructure through the capital market.