Michael Saylor Advocates For Bitcoin As Strategic Asset For The U.S.

According to BlockBeats, on November 15, MicroStrategy founder Michael Saylor discussed the historical precedent of the United States acquiring strategic assets. He highlighted past acquisitions such as Manhattan, the Louisiana Purchase, and the 19th-century purchases of California and Alaska, which have collectively generated trillions of dollars in returns for the country. Saylor also mentioned other strategic acquisitions in U.S. history, including gold, oil, grain, and helium. Saylor emphasized that the concept of acquiring valuable assets is not new, describing it as a straightforward idea: identifying where value will emerge, purchasing at a low cost, and holding onto it. He asserted that Bitcoin represents a modern manifestation of this strategy, likening it to the 19th-century concept of "Manifest Destiny," which was a widely held belief that the United States was destined to expand across the North American continent. Saylor expressed confidence that the Trump administration and Senator Lummis understand this perspective, suggesting that the U.S. will eventually establish a strategic Bitcoin reserve.