Michael Saylor Urges US to Replace Gold Reserves with Bitcoin

• Michael Saylor suggests the US sell gold reserves to acquire 20-25% of circulating Bitcoin.  
• He believes Bitcoin can reinforce US dominance in global financial networks.  
• Discussions on a US Bitcoin reserve gain momentum under the Trump administration.  

Michael Saylor, Chairman of MicroStrategy and a well-known Bitcoin advocate, has proposed that the United States shift its financial strategy by selling gold reserves to purchase Bitcoin. In an interview with Yahoo Finance, Saylor emphasized that Bitcoin could help the US maintain its global reserve status and strengthen its control over international financial networks.  

Saylor recommended that the government acquire at least 20-25% of all Bitcoin. He argued that such a move could elevate the US to become the world’s leading capital market. By transitioning from gold to Bitcoin, he believes the US would disrupt competing economies while reinforcing its own financial dominance.  

The entrepreneur outlined the potential implications of this shift, including a decline in gold’s value. According to him, rival nations like China and Russia could be forced to sell their assets to acquire Bitcoin, resulting in a significant capital influx back into the US economy. Saylor estimated that the value of Bitcoin reserves in such a scenario could soar to $100 trillion.  

Conversations around a strategic Bitcoin reserve have reportedly gained traction within the Trump administration. According to sources, the President-elect is working on establishing a cryptocurrency advisory council to explore this idea further.  

Saylor’s comments come as MicroStrategy continues to lead corporate Bitcoin investments. The company has acquired over 400,000 BTC, with its latest purchase amounting to 15,400 BTC for $1.5 billion. The firm’s strategic approach has inspired other businesses, such as Semler Scientific and Metaplanet, to follow suit.  

The ongoing discussions signal a growing interest in Bitcoin as a potential reserve asset, both at the corporate level and within government circles. Whether this idea materializes into a national strategy remains to be seen.