MicroStrategy CEO Michael Saylor has pitched an audacious plan to the U.S. government: buy up to a quarter of the world’s Bitcoin supply. The tech executive wants Uncle Sam to snatch between 1.05 and 5.25 million Bitcoin over the next decade, creating what he calls a “Strategic Bitcoin Reserve.”
Bold move? Sure. Self-serving? You bet.
Bold move? Sure. Self-serving? You bet. That’s the Saylor playbook—wrapping naked self-interest in stars and stripes.
Saylor claims the strategy could add up to $81 trillion to the U.S. Treasury by 2045 and help chip away at the national debt. His company already owns nearly 500,000 Bitcoin worth about $47.8 billion. Do the math – if the government drives up Bitcoin prices with massive purchases, guess who gets filthy rich?
The Trump administration apparently loved the idea. They’ve already signed an executive order establishing this reserve and created a “Digital Asset Stockpile” from seized cryptocurrency. The MicroStrategy CEO’s proposal is far more ambitious than Wyoming Senator Lummis who proposed acquiring just 5% of Bitcoin’s supply. The Treasury and Commerce Departments are now developing acquisition strategies, supposedly aiming for budget-neutral purchases.
What a coincidence that Saylor’s grand patriotic vision aligns perfectly with his financial interests!
Critics aren’t buying it. Large-scale government purchases could disrupt markets, reduce liquidity, and artificially inflate prices. Plus, there’s the whole irony of government control over an asset designed to be decentralized. A key part of Saylor’s plan includes a strict no-selling policy to maintain the value of the acquired bitcoin. Not to mention the political firestorm of taxpayer-funded crypto investments.
MicroStrategy paid an average of $66,360 per Bitcoin and is already up $8 billion despite market fluctuations. Now Saylor wants the government to join the party. How convenient.
The global implications are significant. Other nations might follow suit, potentially shifting global financial markets and Bitcoin’s status as a reserve asset. It’s a digital arms race in the making.
Of course, implementation faces hurdles. Congressional approval, regulatory frameworks, security measures – none of that’s simple.
But Saylor’s not worried about the details. He’s too busy counting his potential future billions while wrapping his pitch in the American flag.
Patriotism has never been so profitable.
Such a massive acquisition would dramatically increase Bitcoin’s market cap calculation, potentially pushing it well beyond its current valuation as investors react to unprecedented government demand.
