MicroStrategy founder Michael Saylor recently said that the idea of the US buying strategic assets is not new, mentioning historical purchases like the Louisiana Purchase and the California and Alaska Purchases in the 19th century. Saylor also stated that there have been several strategic purchases throughout US history, such as gold, oil, grains, and helium.
He believes that Bitcoin represents America’s Manifest Destiny and that the Trump administration and Senator Loomis understand this, which is why the US strategy of building a Bitcoin reserve will succeed.
