Michael Saylor to Meet U.S. Lawmakers on Strategic Bitcoin Reserve Bill
MicroStrategy co-founder Michael Saylor and other crypto executives are set to join lawmakers in Washington, D.C. tomorrow to discuss the proposed Strategic Bitcoin Reserve bill, according to a report from The Block.
The bill would mark a historic shift in U.S. financial policy, potentially allowing the government to hold Bitcoin as part of its strategic reserves. While the U.S. already owns Bitcoin from past seizures, it typically auctions these assets rather than keeping them. Establishing a formal reserve would mirror policies in nations like El Salvador, which has accumulated BTC as a national treasury asset.
Supporters argue a Bitcoin reserve could strengthen U.S. economic resilience and signal leadership in digital assets. Critics, however, caution that volatility and geopolitical risks make Bitcoin a controversial choice for federal reserves.
Saylor’s involvement is significant given MicroStrategy’s massive 226,000 BTC holdings, making the company the largest publicly traded Bitcoin holder. His presence could help push the debate forward by highlighting Bitcoin as a long-term strategic asset.
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