Key Takeaways
- Michael Saylor suggests the U.S. should hold 20% of Bitcoin.
- Saylor estimates 4–6 million BTC could pay off the U.S. debt.
- Strategy holds 478,740 BTC worth around $47 billion.
Strategy founder Michael Saylor has called on the United States to strategically acquire 20% of Bitcoin’s circulating supply.
Speaking at the CPAC conference in Washington, D.C., on Feb. 20, Saylor stated:
There’s only room for one nation-state to buy up 20% of the network, and obviously, I think it should be the United States.
Financial implications
Saylor emphasized the financial benefits of this move, estimating that holding 4–6 million BTC could pay off the U.S. national debt.
He warned of potential risks if other nations, such as China, Russia, or Saudi Arabia, were to act first.
Investment comparison
At current prices, 20% of Bitcoin’s supply amounts to roughly 4 million BTC, valued at around $392 billion.
This would be a significant investment compared to the U.S. Strategic Petroleum Reserve, which holds 395 million barrels of oil worth an estimated $29 billion.
Strategy’s Bitcoin position
Strategy, formerly MicroStrategy, is the largest corporate holder of Bitcoin, with 478,740 BTC worth approximately $47 billion.
The company’s holdings have generated a 51% profit, equivalent to $16 billion, helping boost its stock price by 360% over the past year.
Future outlook
Saylor also highlighted Bitcoin’s role in a digital financial future, stating:
The 21st century is going to be a billion AIs thinking a million times a second… they’re going to use digital money because they can’t get a bank account.
