**Michael Saylor’s Surprising Embrace of a Multi-Token Crypto Reserve, Including XRP, Sparks Conversation**
In a surprising turn of events, Michael Saylor, a well-known advocate for Bitcoin, has publicly supported a multi-token crypto reserve that features XRP. This shift from his previous stance against altcoins to a more inclusive approach has ignited discussions within the crypto community. Saylor, who has built his reputation and the treasury strategy of his company, Strategy (formerly Microstrategy), on the belief that Bitcoin is the sole cryptocurrency worth investing in, recently described a diversified crypto reserve as “bullish for Bitcoin and the broader crypto industry.” This statement has certainly caught the attention of many.
What makes Saylor’s endorsement particularly noteworthy is his past attitude toward altcoins, especially XRP. He has often dismissed them, arguing that anything other than Bitcoin is merely a distraction or a lesser alternative. This change in perspective could indicate a broader transformation in how even the staunchest Bitcoin supporters are beginning to view the entire crypto ecosystem. As reported by Coinbase and Glassnode, the crypto space has matured significantly, and perhaps Saylor is starting to recognize that various tokens can fulfill different roles within a larger digital asset framework.
**A Progressive Shift in Cryptocurrency Thinking**
Saylor, who once labeled altcoins as unregistered securities, now sees the merit in maintaining a diversified crypto reserve. While he still regards Bitcoin as the cornerstone of the cryptocurrency economy, he acknowledges that adopting a more progressive stance toward digital assets could be beneficial for the industry. “I believe that the best thing for the country is to move forward with an enlightening progressive policy toward digital assets,” he stated.
This evolution in Saylor’s thinking comes after he previously urged the U.S. Securities and Exchange Commission (SEC) to take action against XRP and other altcoins. In 2022, he referred to XRP as an unregistered security and criticized its regulatory standing. However, the recent announcement of a multi-token reserve, which includes BTC, ETH, Solana (SOL), XRP, and Cardano (ADA), has prompted Saylor to reassess his views.
In a post on Truth Social, President Trump remarked, “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration. That’s why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will ensure the U.S. becomes the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!” Such statements reinforce the progressive direction that the U.S. and other nations are taking regarding cryptocurrency.
The news of XRP’s inclusion in the reserve has elicited mixed reactions. While some view it as a positive step toward broader adoption, others express concerns about regulatory clarity and market stability. Despite the criticism, Saylor’s endorsement of a multi-token reserve reflects a significant shift in the conversation around cryptocurrency and its future.
