MicroStrategy Chairman Michael Saylor believes former President Donald Trump is serious about establishing a US strategic Bitcoin reserve. In a recent interview, Saylor compared such a move to historical land acquisitions like the Louisiana Purchase, emphasizing the potential for immense long-term gains.
Saylor highlighted proposals from Senator Cynthia Lummis and Robert F. Kennedy Jr., suggesting a potential acquisition of one million Bitcoin, which he estimates could be worth $16 trillion. He further speculated that Trump might exceed these proposals, potentially targeting $81 trillion in gains, dwarfing the current US national debt of $36 trillion.
Saylor argues that global capital is flowing into digital assets, particularly Bitcoin, and the US should capitalize on this trend. He advocates for a “progressive acquisition” of Bitcoin, likening it to strategically purchasing Manhattan real estate over time. Saylor suggests the US could acquire 20-25% of the Bitcoin network by leveraging existing gold reserves or through minimal borrowing. He predicts a 100-fold increase in Bitcoin’s value, urging the US to invest before this surge.
Saylor also emphasized the need for a comprehensive US digital asset framework, defining various digital asset classes and establishing regulatory clarity for issuers, exchanges, and owners. He believes this framework could unlock substantial growth in the digital asset market, potentially leading to $500 trillion in tokenized assets and $280 trillion flowing into the Bitcoin network over the next two decades.
Based on this projected growth, Saylor forecasts a 29% annual appreciation rate for Bitcoin, reaching a price of $13 million per coin by 2045.
