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MicroStrategy's Michael Saylor: Can provide 'budget-neutral' strategy to help the US increase its BTC holdings; Grok also gives advice
AI Tsar David Sacks announced on the X platform yesterday (7th) that Trump has officially signed an executive order to establish the US BTC strategic reserve and digital asset reserve. Michael Saylor, the founder of MicroStrategy, the dominant holder of BTC among US listed companies, stated that he has several budget-neutral strategies to help increase the US Cryptocurrency strategic reserve's BTC holdings. (Background: From a legal perspective, what concerns are there for Trump's establishment of a BTC reserve? Can the next president overturn the executive order?) (Background: Trump ordered the 'stop sale of the 200,000 seized BTC in the US' to resolve the potential dump of $17 billion, causing BTC to rise back to 88,000) The Trump administration, along with AI Tsar David Sacks, announced on social platform X earlier yesterday (7th) that Trump has officially signed an executive order to establish the US BTC strategic reserve and digital asset reserve. However, it is worth noting that in this plan, the Trump administration claims to use approximately 200,000 BTC seized by the federal government in criminal or civil cases as strategic reserves, without indicating that additional funds will be used to purchase BTC. At the same time, David Sacks also added that the US Treasury Secretary and Commerce Secretary have been authorized to develop budget-neutral strategies that do not increase the cost to US taxpayers to acquire additional BTC. Michael Saylor: Can provide budget-neutral strategies to help increase US BTC holdings. Although Trump promised to announce the establishment of a BTC strategic reserve, the market originally expected the Trump administration to buy BTC through gold or other means, but now only temporarily halted the sale of the original seized assets. Potential buyers still need more time to confirm, causing a temporary setback in market sentiment. However, Michael Saylor, the founder of MicroStrategy, the dominant holder of BTC among US listed companies, stated on the X platform yesterday (7th) that he has several budget-neutral strategies to help increase the US Cryptocurrency strategic reserve's BTC holdings. I have a few budget-neutral strategies for acquiring additional bitcoin... — Michael Saylor (@saylor) March 7, 2025 Although Michael Saylor has not yet explained specific strategies, some netizens asked Grok, the AI chatbot under Musk, for answers. Grok responded that the US strategic BTC reserve can acquire more BTC through budget-neutral strategies, including: Utilizing seized digital asset swap BTC to fully leverage existing government assets; Collaborating with private enterprises to mine BTC and increase reserves through profit sharing without increasing the burden on taxpayers; Accepting BTC as a payment method for federal fines and settlements to expand reserves through legal procedures. Bitwise: Institutions can no longer refuse to purchase BTC. In addition, Ryan Rasmussen, the research director of asset management company Bitwise, stated yesterday that Trump's order to formally establish a BTC reserve will act as a catalyst for wider adoption of BTC, prompting a reevaluation by other countries and institutional investors. The ultimate result is not the US government buying all BTC in the world. With reduced selling pressure, the possibility of the US government and states purchasing BTC has increased. The possibility of the government banning BTC is zero, and large institutional investors, such as wealth management companies, Financial Institutions, and retirement funds, now have no reason not to increase their investments in BTC and other Cryptocurrencies recognized by the Trump administration. Additionally, Andrew O’Neill, Managing Director of S&P Global Ratings Digital Assets, added: The main significance of the president holding BTC is that BTC is officially recognized as a reserve asset. Related Reports: Which radical staff are included in Trump's 'Seven Encryption Warlords' and Vice President? Heavyweight! Trump signs executive order 'establishing BTC reserve' BTC drops to $85,000, why doesn't it rise? US Commerce Secretary: Trump will 'announce BTC reserve' at White House encryption summit BTC hits $91,000 (MicroStrategy Michael Saylor: Can provide 'budget-neutral' strategies to help increase US BTC holdings; Grok also gives suggestions) This article was first published on BlockTempo, the most influential blockchain news media.