Trump Serious About Bitcoin Reserve, Says MicroStrategy's Michael Saylor: 'Buy It Now And Own The Future'

Benzinga

MicroStrategy co-founder Michael Saylor said the incoming Trump administration is considering a strategic U.S. Bitcoin reserve. In a CNBC interview, Saylor argued the U.S. should “buy it now and own the future." He suggested the government could purchase up to 25% of the Bitcoin network by selling gold reserves or borrowing funds. Saylor urged the administration to lead the creation of a clear digital asset framework. The comments follow reports of President-elect Trump exploring an executive order on a national Bitcoin stockpile.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02MicroStrategy co-founder Michael Saylor said the incoming Trump administration

00:06is considering a strategic U.S. Bitcoin reserve.

00:09In a CNBC interview, Saylor argued the U.S. should buy it now and own the future.

00:14He suggested the government could purchase up to 25 percent

00:17of the Bitcoin network by selling gold reserves or borrowing funds.

00:21Saylor urged the administration to lead in creating a clear digital asset framework.

00:25The comments follow reports of President-elect Trump exploring an executive order

00:29on a national Bitcoin stockpile.

00:31For all things money, visit Benzinga.com slash GSTV.

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