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.

[3Hotdogs]

5. I never caught the B-coin fever. There's a bit of advice I heard when the coin was top of the financial news....

"If you don't understand it, don't invest in it."

Well, my poor head couldn't get wrapped around it so I let it go.

Fuck. I could'a been a billionaire today.

[Old Crank]

4. Does that mean

I'm not getting my $2000 DOGE check?

I have a sun awning to install and could use the cash. Disapointed.

[Bengus81]

12. Don't worry, the Tariff checks will here soon..........

Eh..fooled the MAGOTS...........AGAIN

[lonely bird]

13. Hey

Did you frivolously spend your Soros check?

[TommyT139]

14. No. It's coming...

...but you need to wire them $1000 to as a good faith gesture.

[Baitball Blogger]

6. But DOGE excelled at one thing:

It put an end to the investigations that would have stopped or slowed down Elon Musk from running rough shod over us.

[Lonestarblue]

7. Poor journalism with this article.

Musk claimed savings but analyses months ago showed that many of those savings were from contracts already cancelled or fulfilled, double counting of savings, and the many government employees who were hired back because they were needed. I doubt there were any significant savings, and all media needs to be more honest in refuting such claims.

[BumRushDaShow]

8. I think more of the point, lost in the Taylor/Trsvis wedding hype yesterday, was that

DOGE officially had a sunset date of July 4, 2026, which I didn't realize until I spotted one "oh by the way" article that popped up outside of the LBN 12 hour requirement yesterday, so I dug around and found this.

The Independent eventually bubbled up their own article on their main page after I posted the OP one -

DOGE officially ended on July 4 as agencies push to hire jobs lost under Elon Musk’s cuts

(many media articles are not linked to on their main front pages until hours or even days after the purported publication date/timestamp)

[Callie1979]

9. BTC has always been a "greater fool" item.

Far too volatile to ever be considered as "currency"
Imagine selling a house for 1 BTC in OCT '26 for 125k. You keep it as crypto & now it's worth HALF that. UNLESS, you immediately converted it into the currency you claim is "obsolete"

BUT since the trump family is in it I expect something to be done to pump up the price.
Will it ever hit the "500k" prediction Saylor has made more than once? No. And how do I know this? Simple; I own some!

[mdbl]

10. It's the best way to launder your stolen money.

[snot]

11. So DOGE offically, finally never got around to military waste, fraud, & abuse,

despite having advertised that it would do so and the fact that the Pentagon has failed EIGHT audits in a row.