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.