Michael Saylor Says Bank of England On the Brink Of Buying Bitcoin

Michael Saylor, co-founder of Strategy, has stated that the Bank of England may soon begin purchasing Bitcoin. His remarks come amid increasing interest in cryptocurrency adoption by governments and financial institutions worldwide.

Michael Saylor Predicts Bank of England to Buy Bitcoin

Responding to a video of Reform UK, led by Nigel Farage at the Bitcoin 2025 conference in Las Vegas, Michael Saylor has expressed optimism about the Bank of England’s potential move toward Bitcoin. Saylor suggested that the UK’s central bank could soon establish a strategic reserve of Bitcoin, signalling a shift in government attitudes toward digital assets.

At the conference, Nigel Farage announced that Reform UK plans to introduce a “Bitcoin digital reserve” at the Bank of England.

Farage’s party is also pushing a new Crypto Assets and Digital Finance Bill aimed at fostering crypto adoption and cutting capital gains tax on crypto from 24% to 10%. Michael Saylor’s comments followed this announcement and reflected growing momentum around cryptocurrencies in public policy.

Reform UK’s Cryptocurrency Policy and Goals

Reform UK has now allowed supporters to donate in cryptocurrency, making it the first UK political party to offer this choice. The party wants the UK to become a leader in the digital world by passing laws that encourage using digital assets and safeguard crypto users from having their bank accounts closed.

Nigel Farage at the said the party’s plan would make it illegal for banks to “debank” customers who trade cryptocurrencies. He also emphasized lowering capital gains tax on crypto assets and allowing taxpayers to pay taxes in Bitcoin. The party’s agenda targets younger voters and entrepreneurs by promoting cryptocurrency as a key financial tool for the future.

The party’s chairman, Zia Yusuf, highlighted that reducing capital gains tax on crypto could reverse the exodus of wealthy entrepreneurs from the UK. Yusuf noted that many wealthy individuals leave for countries with more favorable tax regimes but might return if the UK cuts its tax rates on digital assets.

Michael Saylor Calls Bitcoin Ultimate Form of Capital

The Bank of England’s potential purchase of Bitcoin is similar to other financial institutions adopting digital assets. Regulators in the United States have stated that banks may legally offer crypto custody and execution services which has led more players to become involved in the field.

Likewise, Bit2Me and Cecabank joined forces to help traditional financial companies add digital asset services. The Bank of England may feel the pressure from these developments to make changes in its crypto strategy.

Michael Saylor, a longtime Bitcoin advocate, has urged investors to consider Bitcoin as a core asset amid his firm’s continuous BTC accumulation strategy. Speaking at the same conference, he said Bitcoin is the “ultimate form of capital” and encouraged capital reallocation from fiat currencies and traditional investments into Bitcoin.

Reform UK Broader Economic Agenda

In addition to introducing crypto policies, Reform UK has suggested broad changes in the economy to include raising the personal income tax allowance to £20,000 and restoring benefits for pensioners and disadvantaged people. In addition, the party intends to decrease the amount spent on international aid and invest more money in UK priorities.

According to Zia Yusuf, cutting spending on both net zero and foreign aid will help save a great deal of money. The party believes that cutting taxes in this way would bring more investment and stimulate the economy.

By doing this, the party is aiming to win over both financially secure individuals and people from lower-income groups with its support for business and financial responsibility.

✓ Share:

• Recommended
• Price Analysis

• September 50 BPS Fed Rate Cut Odds Climb Ahead of CPI, PPI Data
• Michael Saylor Spotlights Strategy’s Performance Following S&P 500 Snub
• Donald Trump Shortlists Hassett, Warsh, and Waller for Fed Chair
• Ethena Labs Secures Fresh Funding From ArkStream Capital, ENA Price Spikes
• SEC Forms International Task Force to Crack Down on Pump-and-Dump Schemes

• Solana Price Prediction: Will Solana Hit $320 as SOL Strategies Gains Nasdaq Approval?
• XRP Price Forecast: Analyst Eyes $127 as BlackRock Joins Ripple Swell 2025
• Chainlink Price Eyes $55 as Reserve Holdings Jump With 43,937 LINK Addition
• Cardano Price Targets 30% Surge as Top Economist Calls for Fed Cut
• ETH Price Forecast as Grayscale’s Covered Call Ethereum ETF Spurs Optimism — Is $8,500 in Sight?

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Kelvin Munene Murithi

Kelvin Munene is a crypto and finance journalist with over 5 years of experience, offering in-depth market analysis and expert commentary . With a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University, Kelvin is known for his meticulous research and strong writing skills, particularly in cryptocurrency, blockchain, and financial markets. His work has been featured across top industry publications such as Coingape, Cryptobasic, MetaNews, Cryptotimes, Coinedition, TheCoinrepublic, Cryptotale, and Analytics Insight among others, where he consistently provides timely updates and insightful content. Kelvin’s focus lies in uncovering emerging trends in the crypto space, delivering factual and data-driven analyses that help readers make informed decisions. His expertise extends across market cycles, technological innovations, and regulatory shifts that shape the crypto landscape. Beyond his professional achievements, Kelvin has a passion for chess, traveling, and exploring new adventures.