Saylor Makes Case for Bitcoin Reserve, Drawing Parallels to U.S. Historical Acquisitions

Michael Saylor, executive chairman of Microstrategy, advocates for a U.S. strategic bitcoin reserve, drawing parallels to historic acquisitions like the Louisiana Purchase and Manhattan’s purchase.

Saylor highlights how these investments provided significant long-term returns, suggesting bitcoin could offer similar transformative value. He views bitcoin as a modern “digital gold,” a scarce and valuable asset with long-term potential. Discussions about a U.S. bitcoin reserve have gained traction, with proposals to acquire up to one million bitcoins, positioning the U.S. as a leader in digital finance.

Clever Robot News Desk 27^th November 2024