DOGE officially ended on July 4, the sunset date written into President Donald Trump’s January 2025 executive order. Elon Musk and Michael Saylor’s posts quickly fueled speculation that Bitcoin (BTC) was inheriting the reform story.
Musk, the former co-leader of DOGE, celebrated Independence Day with a patriotic video montage instead of bidding farewell to the program. Meanwhile, MicroStrategy’s CEO responded with one charged line.
DOGE ends with no report and no farewell
Trump’s January 2025 executive order established DOGE as a temporary organization. The termination date was set at July 4, 2026. America’s 250th birthday.
The program barely made it this far. DOGE already had it Collapsed as the central body Last November, months ahead of schedule. Tracking of public savings stopped after January 1.
The committee claimed to save $215 billion, or about $1,335 per taxpayer according to its own calculations. That equates to roughly 3% of the $7 trillion federal budget for one year, and a small fraction of the $2 trillion provided by Musk in October 2024.
Office of Management and Budget Director Russ Vought told lawmakers this week that no final report was planned, Politico reported. I mentioned.
Musk, who left Washington in May 2025 after 130 days as a private government employee, always made the ending intended.
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Meanwhile, the concept of efficiency has moved beyond Washington. Recently launched by New York City Mayor Zahran Mamdani Municipal competency copy From the playbook.
Michael Saylor responds to Musk by offering Bitcoin
Marc Andreessen opened July 4 with five minutes Montage From American history and the caption “God Bless America.” Musk shared the same video After hours.
Saylor then responded to Musk directly, replacing a letter with a Bitcoin symbol.
Saylor has run this play before. In December 2020, Musk publicly urged converting Tesla’s balance sheet to Bitcoin. Tesla bought $1.5 billion worth of stock two months later, then suspended BTC payments in May 2021 over energy concerns.
This history has shaped the reaction. Traders read the stock market as… Shift from government reform to sound moneySome responses urged Tesla to resume Bitcoin payments. Bitcoin It trades near $62,584An increase of about 1% within 24 hours.
The timing is ironic for Saylor. The strategy faces questions about a 491 Bitcoins were reported sold And the dividend policy, which JP Morgan described as risky. Meanwhile, Saylor Drill MSTR Vs The Great 7.
Neither Musk nor Saylor mentioned Dog by name. The debate now is whether innovation and Bitcoin will truly replace the reform push, or whether the hottest response will remain a holiday boom.
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