MicroStrategy’s executive chairman, Michael Saylor, has suggested that the United States could purchase up to one million Bitcoin for its strategic reserves. Speaking with FOX Business ahead of a White House Crypto Summit, Saylor indicated that such a move would be part of a long-term, structured acquisition plan rather than a sudden market disruption.
A Gradual Bitcoin Accumulation Strategy
Currently, the U.S. government is estimated to hold around 200,000 BTC, valued at approximately $17 billion. Saylor referenced ongoing discussions among policymakers about acquiring more Bitcoin over a period of four years, possibly through consistent daily purchases.
While details remain uncertain, the proposal appears to align with a broader shift in how Bitcoin is viewed—moving from a speculative asset to a form of digital property. Saylor emphasized that Bitcoin, unlike other cryptocurrencies, functions as “a savings account that empowers Americans to preserve their wealth over time.”
Potential Market Impact and Government Strategy
The implications of such an acquisition could be significant. A structured government buy-in would likely reduce Bitcoin’s already scarce supply, leading to potential price appreciation. However, Saylor advised a measured approach: “The most responsible strategy would be slow, steady, and transparent, ensuring stability rather than market shocks.”
His stance reinforces the idea that Bitcoin should be treated as a strategic reserve asset, much like gold or real estate. Historically, governments have amassed land and resources to strengthen their economies. Saylor likened this to past territorial acquisitions, suggesting that Bitcoin represents “property in cyberspace,” offering a digital alternative to traditional stores of value.
Bitcoin as a National Reserve Asset?
Despite Bitcoin’s decentralized nature, Saylor argues that national adoption doesn’t contradict its ethos. “Satoshi gave us a protocol for prosperity,” he stated, implying that Bitcoin’s open, permissionless network can coexist with institutional and governmental participation.
Whether the U.S. government moves forward with large-scale Bitcoin acquisitions remains to be seen. If it does, the strategy will likely prioritize gradual accumulation, regulatory clarity, and integration into national economic policy.
This article is for informational purposes only and does not constitute investment advice.
