**News Flash: Michael Saylor Advocates for U.S. Bitcoin Reserve**

Michael Saylor, co-founder of MicroStrategy, has likened the potential U.S. acquisition of a Bitcoin reserve to the historic Louisiana Purchase. Speaking on CNBC, Saylor endorsed Senator Cynthia Lummis' BITCOIN Act, which proposes the U.S. Treasury gradually amass 1 million BTC, nearly 5% of the total supply.

At the Bitcoin 2024 conference, Saylor forecasted Bitcoin could hit $13 million per coin by 2045. He emphasized the growing acceptance of Bitcoin among U.S. political figures and urged investors to heavily invest in BTC, despite recent market volatility.