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The founder and executive chairman Michael Saylor suggested that the United States can buy a million Bitcoins for their strategic reserves. His comments appeared during an interview with Fox Business before the Friday summit of Crypto Summit in the White House, which will host US President Donald Trump.
Saylor, whose company is widely known for its significant Bitcoin resources, confirmed that Microstrategy has about 500,000 digital tokens, which is “about 2.4% around the world.” It is one of several cryptocurrency data that they expect to join the Round Presidential Table that will advise the administration on digital asset policy.
Will Trump buy 1 million bitcoins?
Asked how the government would finance such a immense cryptographic reserve, Saylor pointed to a deliberate, long -term schedule, referring to the “six -month trial” specified by the recent executive order. He added: “There are 12 members in the Presidential Working Committee. He will be involved on the part of the industry. The Senate and the Chamber and the Chamber and we and is above my salary assessment, there will be a Senate’s involvement and about me to decide how it is determined. “
According to Saylor: “The longest bill [by Senator Lummis] He established the idea of strategic acquisition of Bitcoins over four years, consistently overnight to achieve a million bitcoins. “It is currently believed that the US government has 200,000 BTC – it is estimated that about $ 17 billion at today’s prices.
If he continues additional shopping on a immense scale, the impact on the price of bitcoins can be significant. However, Saylor argued that the most “responsible” approach would be “constant and intentional and intentional with clear telegraph and transparency” instead of making sudden acquisitions that could collect the market.
The central position for Saylor is the Bitcoin classification as “digital property”, resources without a central issuer.
“The real key about bitcoins is to understand that this is a digital property. It is a savings account that authorizes every American to save their wealth and keep it over time, ‘Saylor explained. He emphasized that if the US government provides the clarity of this status, it may inspire more trust for citizens to recognize cryptocurrencies as a legitimate savings vehicle.
When discussing whether taxpayers’ money should be used to buy Bitcoins, Saylor drew a distinction between various digital assets. While Bitcoin (as a “digital goods”) is, in his opinion, well suited to strategic reserves, he also recognized the importance of digital currencies (Stablecouins), toxicized securities (for capital efficiency) and utility designs based on tokens. Nevertheless, he distinguished Bitcoin as the main candidate for the national reserve, calling him “the only agreed fundamental resource in the entire cryptographic economy.”
🇺🇸 Michael Saylor indicates that the US will buy 1 million #Bitcoin For the reserve 🤯
This is happening 🚀
pic.twitter.com/jr73pipfny– Vivek⚡ze (@vivek4real_) March 5, 2025
Saylor also turned to skeptics who question the justification of the National Bitcoin reserve compared to more time-honored strategic reserves, such as oil or medical materials. He compared Bitcoin to real estate, causing a historical analogy: “We bought 75% of this nation with about $ 40 million […] We bought Louisiana. We bought California. We bought Texas. We bought Alaska. It’s property. If you think bitcoins as real estate in cyberspace and say where all the money in the world is going? Well, he is heading from foreign countries […] He wants to move from the physical world to the digital world. “
For people concerned about the fundamental Bitcoin ethos as decentralized assets without government involvement, Saylor insisted that the official adoption would not be contrary to the original cryptocurrency project. “Satoshi gave us a trial, a prosperity protocol. That’s what we call Bitcoin – he said. While the first users could favor minimal regulations, Saylor believes that national states “interested in strengthening the economic position and prosperity” will inevitably follow people and corporations to the digital domain.
During the BTC press it traded at USD 91,725.
A highlighted image from YouTube, chart from tradingview.com
