{"id":16490,"date":"2025-03-06T14:16:49","date_gmt":"2025-03-06T14:16:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16490"},"modified":"2025-03-06T14:16:49","modified_gmt":"2025-03-06T14:16:49","slug":"michael-saylor-hints-us-will-buy-1-million-bitcoin-for-strategic-reserve","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16490","title":{"rendered":"Michael Saylor Hints US Will Buy 1 Million Bitcoin For Strategic Reserve"},"content":{"rendered":"<div>\n<p><strong>Michael Saylor<\/strong>, executive chairman of <strong>Strategy<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>), suggested on Thursday that the United States plans to purchase 1 million <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) to establish a strategic reserve, aligning with a framework outlined in the bill <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42601193\/senator-lummis-introduces-strategic-bitcoin-reserve-proposal\">proposed by senator<\/a> <strong>Cynthia Lummis<\/strong> (R-Wyo.)<\/p>\n<p>He was <a href=\"https:\/\/x.com\/Vivek4real_\/status\/1897398288502100068\">speaking <\/a>in a Fox Business interview, ahead of a White House Crypto Summit scheduled for Friday, <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44125213\/white-house-crypto-summit-to-feature-roundtable-with-industry-leaders-including-michael-saylor\">where Saylor will participate. <\/a><\/p>\n<p><strong>What Happened:<\/strong> Saylor emphasized a deliberate acquisition process over four years, leveraging the government&#8217;s existing 200,000 Bitcoin holdings, valued at approximately $17 billion at current prices, to build the reserve.<\/p>\n<p>Saylor, whose company holds over 500,000 Bitcoin\u2014about 2.4% of the global supply\u2014provided insight into the proposed strategy. <\/p>\n<p>&#8220;The Lummis bill has laid out the idea of acquiring Bitcoin strategically over four &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44165444\/michael-saylor-hints-us-will-buy-1-million-bitcoin-for-strategic-reserve\" alt=\"Michael\" saylor hints us will buy million bitcoin for strategic reserve>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Michael Saylor, executive chairman of Strategy (NASDAQ:MSTR), suggested on Thursday that the United States plans to purchase 1 million Bitcoin (CRYPTO: BTC) to establish a strategic reserve, aligning with a framework outlined in the bill proposed by senator Cynthia Lummis (R-Wyo.) He was speaking in a Fox Business interview, ahead of a White House Crypto [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-16490","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16490"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16490\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}