Monday , 10 March 2025
Home Cryptocurrency Michael Saylor proposed that US government acquire 25% of Bitcoin’s total supply by 2035
CryptocurrencyForex

Michael Saylor proposed that US government acquire 25% of Bitcoin’s total supply by 2035

Michael Saylor, the founder of Strategy, has proposed that the U.S. government acquire 25% of Bitcoin’s total supply by 2035 to establish a Strategic Bitcoin Reserve. He suggests that the government systematically purchase 5-25% of Bitcoin’s supply through daily acquisitions between 2025 and 2035, by which time 99% of Bitcoin will have been issued.

Saylor presented this idea at the White House Crypto Summit, where he urged President Trump and global crypto leaders to adopt a “Never sell your Bitcoin” policy. He predicts that such a reserve could generate $16 trillion to $81 trillion by 2045, potentially helping to reduce national debt.

Separately, Trump has already signed an executive order to establish a Strategic Bitcoin Reserve, initially funded by cryptocurrency seized in criminal cases, with plans for further acquisitions.

If the U.S. follows Saylor’s plan and acquires 25% of Bitcoin’s supply, it would hold 5.25 million BTC, far exceeding Senator Cynthia Lummis’ proposal of 1 million BTC. Meanwhile, Saylor’s Strategy recently purchased $2 billion worth of Bitcoin, bringing its total holdings to nearly 500,000 BTC.

***

This reserve idea is dead for now. The ‘stockplie’ idea got the go ahead instead:

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

ForexLive European FX news wrap: Euro bounces around on German news, risk slumps yet again

Headlines:EUR/USD looks to keep the upside going with eyes on German debt...

AUDUSD Technical Analysis – We are back at the key resistance zone

Fundamental OverviewThe USD has come under strong pressure recently as the weaker...

Nasdaq Futures Analysis for Today

Nasdaq Futures (NQ) Analysis – tradeCompass for March 10, 2025Current Market Snapshot:Nasdaq...

Germany’s Greens co-leader says the goal is to come to an agreement

The Greens' co-leader Felix Banaszak is now out saying that they will...