DOGE Ends, Bitcoin Begins? Musk and Saylor's July 4 Posts Fuel Speculation

[BumRushDaShow]

Source: Yahoo! Finance

Sat, July 4, 2026 at 2:53 PM EDT


The Department of Government Efficiency (DOGE) officially ended on July 4, the sunset date written into President Donald Trump's January 2025 executive order. Posts from Elon Musk and Michael Saylor quickly fueled speculation that Bitcoin (BTC) inherits the reform story.

Musk, DOGE's former co-leader, marked Independence Day with a patriotic video montage instead of a farewell to the program. Meanwhile, MicroStrategy's executive chairman answered him with one loaded line.
DOGE Ends With No Report and No Farewell

Trump's January 2025 executive order created DOGE as a temporary organization. It set termination for July 4, 2026, America's 250th birthday.The program barely made it that far. DOGE had already collapsed as a centralized body last November, months ahead of schedule. Its public savings tracker went silent after January 1.

The commission claimed $215 billion in savings, about $1,335 per taxpayer by its own math. That equals roughly 3% of one year's $7 trillion federal budget, and a fraction of the $2 trillion Musk pitched in October 2024. Office of Management and Budget Director Russ Vought told lawmakers this week that no closing report is planned, Politico reported.

Read more: https://finance.yahoo.com/markets/crypto/articles/doge-ends-bitcoin-begins-musk-185323957.html

[fujiyamasan]

1. Anyone not familiar with Michael Saylor (CEO of MSTR) should read up on him

He basically runs a Ponzi scheme. Lost billions during the dot com bubble. Had to restate earnings becuase of shady accounting. Eventually made Microstrategy a “bitcoin treasury” company and eventually rebranded it Strategy.

The stock is like a cult, but has even less fundamental value than say Tesla or spacex.

[muriel_volestrangler]

2. There is no news here about "bitcoin" at all. Saylor has just got a pet "journalist" at "Be(In)Crypto"

to write a fake news article promoting Saylor. All Saylor did was tweet "We can still make something Better", using the bitcoin symbol for the 'B'. That's it.

He's clearly practised at self-promotion. He's clamped himself onto a pretty boring "news" story (which is "DOGE officially ended today, though no one did anything to mark it" ) like a remora on a dying shark.

[fujiyamasan]

3. I agree I didn't see much about him either in this article

He’s a very adept grifter, similar to Trump in that regard.

I would very much like to see that company go down. I went through my own (thankfully) short term interest with Bitcoin and crypto. I don’t think I’ll touch it again. I can stomach some volatility, but ultimately there’s no product or service so pricing this is ultimately just greater fool theory at work. Granted that seems like most of the market now.