On November 15th, MicroStrategy founder Michael Saylor said that the idea of the United States buying strategic assets is not new, and pointed to the Manhattan acquisition, the Louisiana land purchase, and the purchase of California and Alaska in the 19th century, which have brought trillions of dollars in returns to the United States. Saylor also pointed out that there are several other strategic purchases in the history of the United States, such as gold, oil, grain and helium. "It's 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," Mr. Saylor said. "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 bitcoin reserves is going to happen." Note: "Manifest Destiny" was a significant concept in 19th-century American history, referring to the widely popular belief that the United States had a gifted mission and was destined to expand its territory across the entire North American continent. This idea held that American expansion was not only justified, but inevitable, a right bestowed by divine destiny.