Key dealers
- Michael Saylor advocates the US government to acquire 20% of bitcoin to dominate the digital economy.
- The United States has currently over 198 109 Bitcoin, valued at over $ 19 billion, and positions it as a leading government holder.
A few hours ago, Michael Saylor, CEO of the strategy, urged the US government to acquire 20% of Bitcoin’s network today at the conservative political action conference (CPAC) and claimed that it would secure US dominance in the digital economy.
My call on @CPac Conference this morning focused on bitcoin, freedom and economic empowerment.pic.twitter.com/eofcnya7qu
– Michael Saylor⚡ (@Saylor) February 20, 2025
“If you want to own the future, you want to own Cyberspace. How do you own Cyberspace? You own Bitcoin and then run the Bitcoin network. You my bitcoin; You own Bitcoin, “Saaylor.
Saylor predicted that the United States could implement such a strategy within 12 months, with reference to a growing estimate for Bitcoin over the cabinet, the house and the Senate.
“There is only room for a national state to buy 20% of the network. And obviously I think it should be the United States. I think it will be the United States,” explained CEO of strategy.
The Bitcoin advocate suggested that owns four to six million bitcoins can help deal with the national debt and project potential benefits of “$ 50 trillion to $ 80 trillion” for US taxpayers.
The United States has currently 198,109 Bitcoin, valued at more than $ 19 billion, and positions it as the largest government holder of digital asset.
Separate this morning Strategy announced pricing of $ 2 billionwith an option for buyers to acquire another $ 300 million.
In December last year Michael Saylor published a Bitcoin and Crypto Framework for the US government And supported the establishment of an American strategic Bitcoin reserve, with a proposal to strengthen the US position in the global digital economy.