Saylor's five-layer architecture is explained quite clearly; the profits rely on capital design rather than trading Bitcoin itself. This is what true underlying assets should look like.

Crypto界 news: Michael Saylor said that Bitcoin does not need staking, inflation, or protocol-based rewards to generate returns for investors. In a post on X dated June 16, he outlined a five-layer digital-asset architecture built around Bitcoin, emphasizing that Bitcoin should remain scarce, neutral, and immutable, while the capital markets should develop tools around it. Saylor’s framework places Bitcoin in the base layer, with digital credit, digital currency, digital yield, and digital equity on top. He noted that returns should come from capital-structure design, rather than adding new supply or changing Bitcoin’s rules. Saylor believes this digital-asset architecture will not weaken Bitcoin’s core principles.