TechFlow news, on November 15, MicroStrategy founder Michael Saylor posted on social platform X stating that Bitcoin is America's "Manifest Destiny." In a conversation with CNBC host Morgan Brennan, Saylor discussed the "red wave," MicroStrategy's $42 billion investment plan, and the rationale behind strategic Bitcoin reserves.
Saylor said the idea of the United States acquiring strategic assets is nothing new, citing the acquisition of Manhattan, the Louisiana Purchase, and 19th-century purchases of California and Alaska—transactions that generated trillions of dollars in returns for the U.S. Saylor also noted other strategic acquisitions in American history, such as gold, oil, grain, and helium.
"It's a very simple idea: identify where value will emerge, buy it at a low price, and hold. Bitcoin is America's Manifest Destiny. I believe the Trump administration understands this, and I think Senator Lummis does too. That's why the strategy of the United States building a Bitcoin reserve will be realized," Saylor said.
