Michael Saylor Suggests US Government Should Acquire 25% of Bitcoin Supply by 2035

Michael Saylor, the founder of Strategy, has put forward a bold proposal for the U.S. government to acquire a significant portion of Bitcoin’s total supply by 2035. He suggests that the government systematically accumulates 25% of all Bitcoin, positioning the cryptocurrency as a key financial asset for the country. His proposal, presented at the White House Crypto Summit, aligns with Donald Trump’s recent executive order establishing a Strategic Bitcoin Reserve.

Saylor’s Vision: Gradual Bitcoin Accumulation

Saylor’s plan outlines a structured approach for the U.S. government to purchase between 5% and 25% of Bitcoin’s circulating supply through consistent daily acquisitions over the next decade. By 2035, when nearly all of Bitcoin’s 21 million supply is expected to be in circulation, the U.S. would have secured a dominant stake of approximately 5.25 million BTC.

He believes that this strategy would not only safeguard national financial stability but also potentially generate between $16 trillion and $81 trillion by 2045. This massive valuation could significantly reduce the national debt and provide economic leverage in global markets.

White House Crypto Summit and Global Implications

At the White House Crypto Summit, Saylor called on Trump and world cryptocurrency leaders to implement a long-term Bitcoin strategy. He promoted a “Never sell your Bitcoin” policy, highlighting the asset’s potential as digital gold. His suggestion comes when institutional demand for Bitcoin is increasing and nations are looking at how to incorporate digital assets into their financial systems.

If the U.S. government were to enact Saylor’s plan, it would easily surpass Senator Cynthia Lummis’s proposal to keep 1 million BTC in reserve as a national asset. The action would not only set the U.S. apart as the biggest state holder of Bitcoin but also make its impact felt on global cryptocurrency markets.

Trump’s Executive Order on Bitcoin Reserve

Although Saylor’s suggestion is still a long-term dream, the U.S. government has already begun to move in the direction of building up Bitcoin. Trump recently signed an executive order to create a Strategic Bitcoin Reserve. The reserve will initially be funded through cryptocurrency that has been seized in criminal proceedings, with further purchases planned in the future.

The action has received both approval and criticism. The action has been seen as a visionary move to hedge against conventional economic risks by some financial analysts, while others warn that over-governmental control of Bitcoin would affect decentralization and market dynamics.

Saylor’s Strategy Expands Bitcoin Holdings

Aside from his call for government Bitcoin hoarding, Saylor’s firm, Strategy, also continues to add to its position. The company recently bought another $2 billion in Bitcoin, taking its position to almost 500,000 BTC. This positions Strategy among the largest institutional Bitcoin holders, further affirming Saylor’s confidence in the long-term worth of Bitcoin.

Future Outlook: A Bold but Controversial Plan

Saylor’s plan outlines a bold but contentious way to bring Bitcoin into the U.S. economy and financial system. In execution, it has the potential to transform domestic and international economic policy and cement Bitcoin as a core holding in financial coffers. There are still obstacles to overcome, such as political will, market fluctuations, and possible regulatory barriers.

As talks are ongoing, financial markets and the crypto community will look closely for the U.S. government’s next move in regards to full-scale Bitcoin adoption.