Michael Saylor Calls on the U.S. to Boost Its Bitcoin Reserves
Michael Saylor, the man who built his legend on the queen of cryptos, now wants to impose his model on American leaders. For him, it is no longer a question of being content with crumbs from Darkweb seizures. Washington must open its checkbook and accumulate massive bitcoin reserves. And, in his eyes, the urgency is total: we must buy before the whole world understands what is happening.
In brief
- Saylor calls on Washington to buy bitcoin and promises a future value above one million.
- Strategy already holds 638,460 BTC, acquired for about 47 billion dollars.
- Congress imposes a report on a strategic bitcoin reserve to the Treasury within 90 days.
- The United States already controls 198,000 to 207,000 BTC from various judicial seizures.
Saylor, bitcoin prophet or well-inspired lobbyist?
For years, Michael Saylor has not deviated from his trajectory: bitcoin would be the only true strategic asset, although it is already a strategic asset for businesses. In an interview relayed by Trending Bitcoin, he hit hard: “All the capital in the world is gonna flow into cyberspace, into the Bitcoin network“.
The man does not hesitate to predict a price above one million dollars in the coming years.
His company Strategy (ex-MicroStrategy) sets the example. The group recently bought 1,955 BTC for 217.4 million dollars, raising its reserves to 638,460 BTC. This amounts to more than 47 billion dollars, for an average purchase price of $73,880.
In Japan, the company Metaplanet follows this path with 20,163 BTC already in its portfolio.
Saylor thus presents himself as the visionary of a still hesitant crypto industry. But some wonder if he is not above all playing the role of lobbyist, seeking to draw Washington into his strategy to support his own financial bets.
Congress explores a strategic Bitcoin reserve
The idea supported by Saylor finds an unexpected echo in Washington. Congress adopted in the H.R. 5166 bill a clause requiring the U.S. Treasury to deliver, within 90 days, a report on the feasibility of a strategic bitcoin reserve.
The state already holds between 198,000 and 207,000 BTC (17 to 20 billion dollars), mainly from judicial seizures. Long resold at auctions, these assets could now be stored like gold or oil.
The Treasury report will have to examine critical aspects: cybersecurity, governance, legal bases, and inter-agency coordination. Lawyer Kurt Watkins sums it up as follows:
Trump’s executive order created the framework for a Strategic Bitcoin Reserve, but it left the mechanics vague.
Congress intends to fill these gray areas and set a precise legal framework. If the project progresses, the United States could place bitcoin at the heart of their economic and financial arsenal.
Bitcoin, future “digital gold” for American power?
This project fits into a global dynamic. Countries like Kazakhstan or the Philippines are also considering building national crypto reserves. For Washington, this could transform bitcoin into an official strategic asset, with a status comparable to gold.
But the challenges are immense: price volatility, hacking risks, accounting integration into the federal balance sheet. For supporters, this bet is nevertheless necessary if America wants to keep its lead in the digital economy.
Key takeaways to remember
- 638,460 BTC already held by Strategy, worth more than 47 billion dollars;
- 198,000 to 207,000 BTC are currently controlled by the U.S. government;
- Congress requires a Treasury report within 90 days on a strategic reserve;
- The bitcoin price has recovered to $112,000 after strong downward pressure.
With these numbers, the queen of cryptos more than ever establishes itself as a sovereignty issue. Between lobbying by Michael Saylor and emerging federal strategy, the United States may be shaping the outlines of their future digital safe.
Michael Saylor insists: the United States can secure between 5 and 25% of the global BTC supply. With their financial means, how many bitcoins can the USA buy? They could buy up to 2,350 bitcoins per day.
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La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.