One one hand: The state has no legitimately owned property. This includes the Bitcoin that'll be in a strategic reserve.

On the other hand: This helps monetize Bitcoin, which accelerates the timeline to demonetizing government debt. Thus making future deficit spending and devaluation (theft) of savers impossible.

Based on the latter point I still thinks it's good to advocate for. Even if it does mean NgU will benefit the state as well in the short to medium term.