The idea of the U.S. buying strategic assets isn’t new, reminded Saylor, pointing to the acquisition of Manhattan, the Louisiana Purchase and the buying of California and Alaska in the 19th century. All resulted in multi-trillion dollar returns for the county, he said. There have also been several other strategic purchases made in the history of the nation like gold, oil, grain and helium, noted Saylor.
Source: https://www.coindesk.com/markets/2024/11/14/strategic-bitcoin-reserve-has-precedent-in-other-big-us-government-purchases-michael-saylor/?utm_medium=referral&utm_source=rss&utm_campaign=headlines