"US Department of Government Efficiency (DOGE) Ends"...Musk and Saylor, Reuniting?

▲ Elon Musk, Michael Saylor Bitcoin (BTC), US Government/AI-generated image

On the day the US Department of Government Efficiency (DOGE) concluded as scheduled, Michael Saylor's brief Bitcoin (BTC) message reconnected Elon Musk and the cryptocurrency market, drawing investors' attention.

According to crypto media outlet BeInCrypto on July 4 (local time), the Department of Government Efficiency officially ended in accordance with the schedule specified in an executive order signed by US President Donald Trump in January 2025. The Department of Government Efficiency claimed cost savings of approximately $215 billion, which amounts to about $1,335 per taxpayer based on its own calculations, and about 3% of the annual federal budget of $7 trillion. This also showed a significant gap from Elon Musk's target of $2 trillion in savings, which he proposed in October 2024.

The Department of Government Efficiency had effectively ceased to function as a centralized organization even before its scheduled termination date, and public cost-saving tracking data also stopped after January 1. Russ Vought, Director of the US White House Office of Management and Budget, stated that he does not plan a separate termination report to Congress. Musk, who left Washington in May 2025, had previously stated, "The final stage of DOGE is to delete itself."

Market attention focused more on the online conversation between Musk and Michael Saylor, chairman of MicroStrategy (MSTR), than on the termination of the Department of Government Efficiency itself. Marc Andreessen posted a video containing US history along with the caption "God bless America," and Musk also shared the same video. Saylor responded to Musk's post by saying, "We can still make something more Ɓetter," replacing the first letter of 'better' with the Bitcoin symbol.

Saylor's past direct mention of Bitcoin to Musk also amplified market interest. In December 2020, Saylor publicly proposed that Tesla convert its balance sheet assets into Bitcoin. Tesla purchased $1.5 billion worth of Bitcoin two months later but halted Bitcoin payments in May 2021, citing energy consumption concerns. BeInCrypto reported that some market participants interpreted this conversation as a signal of a shift in interest from government reform to Bitcoin, and there were also calls for Tesla to resume Bitcoin payments.

However, neither Musk nor Saylor directly mentioned the Department of Government Efficiency. The interpretation connecting the termination of the Department of Government Efficiency with Saylor's Bitcoin message emerged from the reactions of market participants. BeInCrypto pointed out that the core of the debate is whether innovation and Bitcoin will take over the discussion of government reform, or whether Saylor's "Ɓetter" remark will remain a one-off expression for Independence Day.

[Article Key Summary]

-The US Department of Government Efficiency officially ended on July 4, according to the schedule specified in President Trump's 2025 executive order.

-Michael Saylor attracted market attention by leaving a "Ɓetter" message using the Bitcoin symbol in response to Elon Musk's post.

-Neither Musk nor Saylor directly mentioned the Department of Government Efficiency, and the interpretation connecting government reform and Bitcoin came from the reactions of market participants.

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