Bitcoin as a Treasury Reserve: El Salvador and MicroStrategy Lead the Means

• Bitcoin has served as a perfect treasury asset for Nayib Bukele and Michael Saylor.
• El Salvador holds 5,750 BTC, whereas MicroStrategy holds 226,331 Bitcoins.
• James Murphy thinks Bitcoin’s potential to extend in worth makes it a perfect reserve asset.

James Murphy, the crypto lawyer referred to as MetaLawMan on X, argues that Bitcoin has served as a perfect treasury asset for Nayib Bukele, El Salvador’s President, and Michael Saylor of MicroStrategy. Murphy made this assertion to bolster his earlier put up on the potential position of Bitcoin within the ongoing U.S. presidential marketing campaign.

Final month, Murphy posited that probably the most logical step for a pro-Bitcoin presidential candidate could be to declare that the U.S. Treasury would buy Bitcoin to carry as everlasting reserves. That assertion adopted feedback made by Donald Trump throughout one in every of his marketing campaign rallies the place he mentioned:

 “All Bitcoin mining needs to be within the U.S.” 

Below Bukele’s management, El Sa…

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