Hypothesis:

MSTR and Michael Saylor are building the SBR. They have almost 500k bitcoins already. They may be other potential sources over time, forfeitures, etc. but it's pretty clear that the US government would get frontrun by the market and skyrocket the price of bitcoin if they actually pass or announce anything.

A backdoor acquisition is needed. Hence, MSTR.

What do they do? Write business and gov't analytics and efficiency software. The US digital services agency just got a name change: DOGE. They're going to need a patriotic software contractor…

In exchange for the massive government contract, I'm speculating that the BTC holdings will be part of the deal. Surely, MSTR will even get a fat premium on all of the stack, which is really just a pittance over the long-term, as the then US stack will grow and grow and grow. Likely, it would immediately reprice BTC to the gov't purchase price.

No SBR ramp-up, just instant transfer of a metric fuckton of BTC…likely right when the USD attack on the bond market plays out. The 'ole switcheroo.