Michael Saylor Advocates Bitcoin as US Strategic Reserve Asset
- Michael Saylor proposes Bitcoin as the primary asset for a US strategic reserve.
- The US government currently holds approximately 200,000 Bitcoin, valued at around $17 billion.
- Saylor’s company owns nearly 2.4% of the total Bitcoin supply.
- Bitcoin is described as a “property in cyberspace” and a secure savings vehicle.
- Saylor emphasizes the need for regulatory clarity on digital assets, distinguishing between commodities, currencies, and securities.
Michael Saylor suggests that Bitcoin should be the foundational asset in a potential US strategic reserve due to its decentralized nature and lack of issuer. The US government already holds about 200,000 Bitcoin, valued at $17 billion. Saylor stresses regulatory clarity to differentiate digital commodities like Bitcoin from other digital assets.
Source (2.6)https://cryptobriefing.com/bitcoin-neutral-asset-us-crypto/?rand=59535
