Michael Saylor Proposes U.S. Sell Gold Reserves to Invest in Bitcoin for Strategic Global Advantage

According to a recent report from COINOTAG on December 8th, MicroStrategy’s founder and chairman, Michael Saylor, proposed a controversial strategy concerning the U.S. government’s Bitcoin reserves. In an interview with Yahoo Finance, Saylor advocated for the complete liquidation of the nation’s gold reserves to fund a significant investment in Bitcoin, suggesting a retention of approximately 20-25% of the total Bitcoin supply. He posited that such a measure would yield three compelling benefits: enhancing the U.S.’s status as the dominant global reserve currency, triggering a dramatic decline in gold valuations that could economically destabilize rivals like Russia and China, and potentially leading these nations to divest from traditional assets in favor of Bitcoin. Should this proposal be realized, the anticipated value of U.S. Bitcoin reserves could soar to a staggering $100 trillion.