Michael Saylor: Bitcoin is America's manifest destiny

ChainCatcher news, MicroStrategy founder Michael Saylor stated that the idea of the United States purchasing strategic assets is not new, pointing to the acquisitions in Manhattan, the Louisiana Purchase, and the purchases in California and Alaska in the 19th century, all of which brought trillions of dollars in returns to the U.S. Saylor also noted that there have been other strategic purchases in U.S. history, such as gold, oil, grain, and helium.

Saylor stated, "This has been done before; it's a very simple idea: find where value will emerge, buy low, and hold. Bitcoin is America's Manifest Destiny. I believe the Trump administration understands this, and I think Senator Lummis understands it too. That’s why the strategy for the U.S. to establish a Bitcoin reserve will come to fruition."

ChainCatcher note: "Manifest Destiny" is a significant concept in 19th-century American history, referring to a widely held belief that the United States had a divine mission to expand its territory across the entire North American continent. This idea held that America's expansion was not only justified but also inevitable, a right bestowed by divine fate.