Michael Saylor Notes That the Strategic Bitcoin Reserve Follows Historical Patterns Seen in U.S. Government Acquisitions.

At the Cantor Crypto, Digital Assets & AI Infrastructure Conference in Miami, Michael Saylor, Executive Chairman of MicroStrategy, reiterated his strong belief that the U.S. will soon adopt a strategic approach to bitcoin, with key support from both the Trump administration and Senator Cynthia Lummis (R-Wyo.). While the proposal is still in its conceptual stages, Saylor is confident that the idea will materialize into a reality.

Back in July, former President Donald Trump, speaking at the Bitcoin 2024 conference, assured attendees that the U.S. would maintain its current bitcoin holdings of around 200,000. Shortly after, Senator Lummis introduced a bill aiming to add 800,000 more bitcoins to the nation’s reserves over the next five years, which would bring the total holdings to one million. Saylor described this potential move as “the greatest deal of the 21st century” and argued that it is a crucial step in safeguarding the future of the U.S. dollar.

For Saylor, bitcoin presents a compelling alternative to traditional assets like Treasury bills. “The best way to protect the dollar is to retire the debt and build wealth,” he said. “The next best way is to ensure that if anyone ever considers an alternative capital asset, the U.S. owns it—and that asset is bitcoin.”

Saylor drew comparisons to historical U.S. land acquisitions, such as the Louisiana Purchase, the buying of California and Alaska, and the purchase of Manhattan, all of which resulted in tremendous returns for the country. He suggested that purchasing bitcoin would be a similar strategic move, with a “manifest destiny” for the U.S. to secure its financial future.

“It’s been done before,” he said. “Nations identify where value is headed, buy it at a low price, and hold it. Bitcoin represents that opportunity for the U.S. today.”

Looking ahead, Saylor predicted that if Lummis’ bill passes, it could generate an estimated $16 trillion in value from the acquisition of one million bitcoins. He also proposed a “Trump Max” scenario, where the U.S. buys four million bitcoins, which he believes could yield a massive return of $81 trillion.

Saylor concluded that the “Trump Max” approach would be the most rational strategy, ensuring that bitcoin becomes a cornerstone of America’s future economic strength.

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