Bank of England Next in Line for Bitcoin? Saylor Drops Bombshell Hint

Michael Saylor just lobbed a grenade into traditional finance circles—suggesting the Bank of England might be Bitcoin’s next whale. The MicroStrategy CEO, never one for subtlety, implied central banks could soon ditch gold for digital.

Imagine Threadneedle Street stacking sats while pension funds panic. The irony? Institutions that spent years dismissing crypto now FOMO-ing into the very asset they mocked. Classic finance—always late to the party but first to the open bar.

Will the Old Lady of Threadneedle Street actually buy? Unlikely. But the fact we’re even asking proves how far Bitcoin’s come. Gold’s looking shakier by the day—and central banks hate being on the wrong side of history.

Saylor’s View On Bitcoin Reserves

Saylor described bitcoin as the “ultimate form of capital.” He said investors should think about moving money out of regular currencies and bonds into crypto. His firm, Strategy, has been buying Bitcoin for years.

Bank of England on the Brink… of Buying Bitcoinpic.twitter.com/8mdXj0SZ5l

— Michael Saylor (@saylor) May 30, 2025

Based on reports, US regulators now allow banks to hold and trade crypto. That makes it more likely that big institutions will get involved. If the Bank of England does buy Bitcoin, it WOULD mark a big shift. Central banks usually stick to gold or government bonds. Shifting even a small slice of reserves to Bitcoin could change how people view digital coins.

Reform UK’s Crypto Plan

Reform UK has opened up to crypto donations, making it the first UK party to do so. Farage said banks must not close accounts for people who buy or sell crypto.

He suggested allowing taxpayers to pay tax bills in Bitcoin. The proposed Crypto Assets and Digital Finance Bill would set new rules to protect crypto users and encourage firms to offer crypto services.

Reform UK’s chairman, Zia Yusuf, said cutting crypto taxes could bring rich entrepreneurs back to Britain. He pointed out that a lot of wealthy people leave for places with lower taxes on digital assets.

Reports disclosed that Reform UK wants to drop capital gains tax on crypto from 24% down to 10%. Yusuf said this change could reverse the FLOW of talent leaving the UK.

If companies see they can keep more profits, they might stay or MOVE here. That could lead to more jobs and more tech start-ups. But critics warn that cutting taxes could leave a hole in government revenue. In turn, the Treasury might have to find money elsewhere or cut services.

Featured image from Unsplash, chart from TradingView