Interview with Michael Saylor on Bitcoin Reserve

During a recent interview with Fox Business, Strategy co-founder Michael Saylor discussed the concept of creating a Bitcoin reserve, equating it to “planting a flag” in cyberspace.

Saylor remarked, “We bought 75% of this nation with about $40 million.” He expressed confidence that the digital economy will capitalize on Bitcoin, suggesting that if the U.S. can outpace other nations, it could “own it and benefit from it.”

He emphasized that a “slow and steady” approach is the most responsible path to building a Bitcoin strategic reserve. Saylor stated, “The real key about Bitcoin is for people to understand that it’s a digital property, it’s a savings account that empowers every single American to save their wealth and preserve it over time.”

He also noted the need for a regulatory framework that would allow for tokens like XRP to be issued, reflecting a growing consensus in the industry that Bitcoin should be the core element of the strategic reserve for the long term.

Saylor described Bitcoin as a “universally agreed upon foundational asset” and asserted that the U.S. could lead in digital assets by adopting “a progressive framework” that encompasses currencies, securities, and tokens.