- Saylor has implored the United States to buy 20% of Bitcoin before other nations do
- Exec believes the United States could offset its debt in a decade if it adopts a BTC reserve
Michael Saylor, the founder of Strategy (formerly MicroStrategy), has urged the United States to hold 20% of the overall Bitcoin supply to ensure its future dominance.
In a recent speech at the CPAC conservative conference, Saylor stated,
“There’s only room for one nation-state to buy up 20% of the Bitcoin network, and obviously, I think it should be the United States; I think it will be the United States.”
Offsetting U.S debt
Saylor added that if the U.S owns 20% of BTC at a snap, it would be able to clear part of its debt.
“The US could own 20% of the ‘Bitcoin’ network like that. The dollar would strengthen, the nation would be enriched, and the real promise is if you own 4-6 million BTC, you’re going to pay off the national debt.”
Bitcoin’s modern champion reiterated that there’s only room for one nation-state to scoop 20% of BTC. However, he cautioned that the U.S shouldn’t let Saudis, Russians, Chinese or Europeans to buy it first.
He added,
“It’s is a way (US having +4M BTC) to enrich ourselves and emerge as a creditor nation in a matter of a decade. It’s a way to ensure we’re the economic leaders in cyberspace for the next 100 years.”
Right now, the United States has about $36 trillion in fiscal debt. According to Saylor, BTC’s current market cap of $2 trillion could climb to $20 trillion in the next 4-8 years. That’s a 10x potential growth in less than 10 years, and he’s betting it could help offset part of the fiscal debt if they accumulate now.
Worth pointing out, however, that Polymarket’s odds of 45% revealed that the market hasn’t fully priced in such an outcome yet.
Even so, Saylor believes that Bitcoin is an equalizer that could empower an individual or a small firm to compete with dominant players. In fact, the exec also drew a comparison between Strategy’s performance and Microsoft.
For context, Strategy owns 478k BTC or 2.28% of the total BTC supply and may be on track to hit 500k coins soon. Its stock, MSTR, has been the top-performing share in recent years, logging +370% gains in 2024.
