Trump Serious About Bitcoin Reserve, Says MicroStrategy’s Michael Saylor: ‘Buy It Now And Own The Future’
Posted On December 17, 2024
MicroStrategy co-founder and executive chairman Michael Saylor said Monday that the incoming Donald Trump administration was serious about setting up a U.S. strategic Bitcoin (CRYPTO: BTC) reserve.
What happened: During a CNBC interview, Saylor stressed the importance of “buying the future” if one knows where the money is going.
“All the capital outside the U.S. and all the 20th-century antiquated capital is going to flow into digital assets and the Bitcoin network,” the Bitcoin bull said. “The logical thing for the U.S. is to buy it now and own the future.”
He added that the government could buy as much as 20–25% of the Bitcoin network by selling its gold reserves or by borrowing a …
About The Author
