On November 15, MicroStrategy founder Michael Saylor said that the idea of the United States buying strategic assets is not new, pointing to the acquisition of Manhattan, the Louisiana Purchase, and the purchase of California and Alaska in the 19th century, all of which brought trillions of dollars in returns to the United States. Saylor also pointed out that there have been several other strategic purchases in American history, such as gold, oil, grain, and helium.
Saylor said, “This has been done before, and it’s a very simple idea: Find out where the value is going to be, buy it at a low price and hold it. Bitcoin is America’s Manifest Destiny. I think the Trump administration understands that, and I think Senator Loomis understands that. That’s why the U.S. strategy of building a Bitcoin reserve is going to work.”
Note: "Manifest Destiny" is a concept of great significance in 19th century American history, referring to a widespread belief that the United States has a divine mission and is destined to expand its territory across the entire North American continent. This idea holds that the expansion of the United States is not only reasonable but also inevitable, a right given by divine destiny.