MicroStrategy President Michael Saylor, Bitcoin $107,285.9He said that it could offer a solution to the US’s debt problem. In an interview with CNBC, Saylor described Bitcoin as the digital capital network of the age. He emphasized that the USA should create a strategic Bitcoin reserve. He stated that this step is important for economic leadership.
Bitcoin Reserve Could Bring Economic Leadership
Michael Saylor stated that the USA can alleviate its current economic problems with Bitcoin. He stated that exchanging some of the gold reserves for Bitcoin would offer a strategic solution. He stated that with this method, the USA can accumulate 20% to 25% of Bitcoin. “The United States needs to create Bitcoin reserves to pay its debts and ensure its economic leadership in the digital order,” he said. He said this strategy could increase capital flows.
Saylor likened this investment to the purchase of Manhattan. He stated that Bitcoin still offers an early investment opportunity today. He suggested that Bitcoin could rise 100 times its current prices.
MicroStrategy’s Bitcoin Strategy Continues
MicroStrategy has been implementing its Bitcoin accumulation strategy for the last four years. The company continues to acquire Bitcoin by issuing various convertible notes. It currently attracts worldwide attention with 439,000 Bitcoins. Saylor emphasized that there is no limit on the company’s Bitcoin accumulation.
Bitcoin price broke a new record during the day and rose to $108,000. However, it is currently trading at $105,985. According to experts, Bitcoin may gain more value with ETF initiatives and positive regulatory developments.
Saylor thinks Bitcoin could reach millions of dollars by 2045. These predictions show that Bitcoin could play an important role in the economy in the future. MicroStrategy’s strategy and Saylor’s statements spark interest in digital assets in U.S. economic planning.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
