cryptojournalist
Solv Protocol is about to launch a new product called the “onchain MicroStrategy” that will turn Bitcoin from a simple store of value into a way to earn income. The goal is to create a platform that uses Bitcoin reserves to generate returns in decentralized finance (DeFi), as explained by Solv’s co-founder, Ryan Chow.
Solv’s Strategy for Bitcoin
Solv wants to build a Bitcoin reserve that not only protects wealth but also makes it grow. While the exact plan isn’t fully revealed, Solv already uses Bitcoin staking on platforms like Babylon and CoreChain, along with DeFi protocols such as Jupiter and Ethena to earn yields.
The platform currently manages over $3 billion in assets, according to DefiLlama.
How MicroStrategy Shaped Bitcoin Strategies
MicroStrategy, a business intelligence firm, became a major Bitcoin player after CEO Michael Saylor started buying large amounts of Bitcoin in 2020. Now, the company is aiming to raise $21 billion to continue this strategy, showing how Bitcoin can fuel growth.
Chow sees MicroStrategy as proof that Bitcoin reserves can do more than sit idle—they can drive major financial success. Solv plans to create a similar reserve to earn returns for its users.
