Holding 2.4% of Total Supply: Michael Saylor’s 499,096 BTC Bet—Why Bitcoin Must Be the Only US Crypto Reserve Asset!

The Microstrategy CEO, Michael Saylor, known for his Bitcoin accumulation, recently said that only BTC deserves to be in the US Crypto Reserve. Not XRP or other altcoins. If you look down, this issue has been ON since President Trump announced the reserve on his Truth Social media. Like Saylor, most crypto giants are against the altcoins entering the reserve for various reasons. Why only BTC? Why not other equivalents like ETH or XRP? Let us discuss the reasons for this and explore what is aiding Bitcoin in emerging as the King of Crypto!

Michael Saylor Bitcoin Holdings

Michael Saylor has been accumulating Bitcoin since 2020. He has not sold a single BTC since the beginning of his purchase. Michael Saylor Bitcoin holdings: 499,096 BTC-one of the largest BTC possessions in the world. He owns almost 2.4% of the total Bitcoin supply. Saylor says his possessions are properties in cyberspace. In his interviews, he boldly stated, “Sell your kidney but not BTC!”. Saylor does not want altcoins in the US crypto reserve for obvious reasons.

For one, it is the digital gold. The value of BTC is far higher than that of other currencies. Saylor and other crypto giants believe that if the US does not act now, other countries will, and the nation may lose the crypto race. Also, they think that the Bitcoin protocol was designed for universal adoption. Unlike altcoins, Bitcoin is censorship-resistant and trusted worldwide, and it is the ideal choice for the national reserve. 

What’s Fueling Bitcoin’s Reign as the King of Crypto?

The rise of Bitcoin as the King of Crypto is fuelled by several factors. First, institutional adoption is increasing as world governments recognize Bitcoin as a legal entity. After Trump’s swearing-in as US President, several European and African countries changed crypto legalization. Second, global uncertainty and inflation concerns are compelling investors to turn towards a haven like Bitcoin. Also, the weakening dollar is boosting Bitcoin’s appeal as the “Digital Gold.” Third, the fixed circulating supply of the token, 21 million, makes it a deflationary asset ideal for long-term investors.

Why BTC? Why not XRP in the US Crypto Reserve?

The key reasons are BTC’s unmatched decentralization, fixed supply, and growing institutional adoption. Unlike altcoins, which depend on teams for development, Bitcoin is uncontrolled. It operates without a central authority. Even the deflationary mechanism of Bitcoin, called the Bitcoin Halving, is unchecked. It happens once in four years, and no central authority governs it. 

While XRP is still in the emerging phase, it lacks core attributes. XRP is controlled by Ripple Labs, which makes the crypto a centralized entity. Also, the long-run SEC vs. Ripple battle raises questions of trust and reliability. While XRP is useful for international payments, its centralized nature prevents it from competing as a reserve asset.

Wrap-Up: Bitcoin Stands as the Ultimate Crypto Reserve

Unlike XRP and other altcoins, Bitcoin is not controlled by a centralized authority. Decentralization is the primary reason experts prefer BTC for the US crypto reserve, not other altcoins. Its circulating supply is capped at 21 million, ensuring long-term value. Michael Saylor and other crypto giants believe that if the US Government does not secure BTC now, the world governments will. With governments and big institutions adopting Bitcoin, it is clear why it is called the “King of Crypto.” As global liquidity rises and the dollar weakens, Bitcoin’s dominance will only grow.