Michael Saylor Reiterates His Conviction That Bitcoin Should Be the Cornerstone of the U.S. Strategic Crypto Reserve

Michael Saylor, Executive Chairman of Strategy and one of Bitcoin's most influential advocates, has reiterated his conviction that the leading cryptocurrency

The White House is set to host a crucial Crypto Summit, bringing together industry leaders and government officials to discuss the creation of a national crypto reserve. Among the most vocal and influential voices is Michael Saylor, Executive Chairman of Strategy at MicroStrategy and one of Bitcoin’s strongest proponents. In a recent interview with Fox News, Saylor expressed his deep concern over the administration's decision to add Ethereum to the strategic crypto reserve.

Highlighting Bitcoin's unique properties, Saylor asserted that it is the only truly decentralized and globally recognized digital asset, making it the best option to support the country's financial stability. In contrast, he pointed out that XRP, Solana, and Cardano are heavily tied to companies and foundations, raising concerns over their level of centralization and potential regulatory hurdles.

"If they want to be considered for a national reserve, they first need to prove they comply with strict regulations," Saylor stated.

Moreover, Saylor pointed out that President Trump's initial suggestions for the crypto reserve included assets like XRP, Solana, and Cardano, which sparked criticism from several industry leaders. Following this feedback, the president confirmed that only Bitcoin and Ethereum would be part of the plan.

Saylor's intervention comes as part of a broader discussion on the role of cryptocurrencies in the U.S. financial system. With China, Russia, and other global powers also exploring digital assets, he emphasized the urgency of the situation. In his view, it is crucial for the U.S. to act swiftly to avoid losing economic leadership in this new financial era.

"We're talking about the U.S. needing to pivot quickly to stay ahead in the global economic landscape," Saylor said. "We can't afford to be slow in this instance."

At the Crypto Summit, Saylor plans to urge the government to establish a strong regulatory framework before moving forward with any digital asset acquisitions. His central proposal remains Bitcoin as the primary asset of the national crypto reserve, ultimately ensuring the financial stability and strength of the United States in the digital economy.