Bitcoin Reserve Support Is Growing Across Party Lines, Saylor Says
Cross-party backing could give a US Bitcoin reserve proposal greater political durability, though Saylor’s statement does not establish that policy has been adopted.
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Cross-party backing could give a US Bitcoin reserve proposal greater political durability, though Saylor’s statement does not establish that policy has been adopted.
For investors, the key issue is whether El Salvador's sovereign Bitcoin position changed or the transaction was limited to Chivo-related shares.
The disclosure came with a deal unlocking $140M for El Salvador under its 40-month IMF program, as Bukele's government transferred majority control of Chivo to a private operator.
A $300M MSTR dilution to backstop preferred-stock payments highlights the capital pressure exposed by STRC's record decline.
The Binance founder framed it as cultural, not strategic: countries that don't broadcast their BTC accumulation will likely outpace those that do, with crypto's transparency also a regulatory asset.
The initiative dies procedurally — campaigners collected half the 100,000 signatures needed — but the SNB's prior liquidity and volatility objections leave the door closed on substance too.