Bitcoin Is the Only Asset the U.S. Would Refuse to Sell, Strategy's Michael Saylor Claims
In a recent interview, Strategy's Michael Saylor characterized the present moment as a pivotal entry point for bitcoin, contending that many of the earlier risks
Recently, Strategy (formerly Microstrategy) disclosed that it had purchased 15,355 BTC, increasing its total holdings to 553,555 BTC. Both Strategy and its founder, Michael Saylor, are staunch believers in bitcoin’s potential. During a recent interview at an industry event, the Strategy executive highlighted what makes BTC an especially compelling investment.
“This is kind of a historic entry point, because all of the risk has been stripped off the asset,” Saylor said on stage during his interview. “Like, you pretty much know Wall Street’s gonna embrace it, the U.S. government’s gonna embrace it …which means all banks will embrace it.”
Saylor added:
You already know all those things, and yet the market is really skittish based upon concerns about tariffs, you know, the disposition of the U.S. economy, the interest rate forward graph. So you see, the interest rates are pulled in 30, 40, 50 basis points and and we’re in this macro risk-off zone. When that flips, I think bitcoin will rip forward with a vengeance.
The interviewer noted that while interest from Wall Street is growing, many registered investment advisers (RIAs) are still apprehensive. Walking the conference floor, the interviewer found that many advisers are interested in bitcoin but still have concerns about how it fits into their recommendations for clients. They wanted to hear directly from Saylor how he would address the lingering unease about recommending bitcoin within a traditional investment framework.
Saylor highlighted bitcoin’s unique position as being endorsed at the highest levels of U.S. leadership. No other asset in modern American history, he said, has received such sustained support from a sitting president.
“In the 21st century, you have just one asset, bitcoin, [with] the president saying, ‘Don’t sell your bitcoin,’ saying more than that, saying the United States won’t sell its bitcoin,” Saylor remarked.
Saylor went on to say:
And so everything else you put your client into, if the U.S government seized any other security that you sold to a client, if they seized any collectible, any art, any real estate, they would sell it. The only thing that the U.S. government won’t sell if they are to seize it as bitcoin.
News data source: kdj.com
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