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Strategy founder Michael Saylor believes the US government should aim to hold 25% of Bitcoin’s supply by 2035, when 99% of all BTC will have been issued.
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Strategy founder Michael Saylor has proposed that the United States government aims to acquire up to 25% of Bitcoin’s total supply over the next decade for its Strategic Bitcoin Reserve.
“Acquire 5-25% of the Bitcoin network in trust for the nation through consistent, programmatic daily purchases between 2025 and 2035, when 99% of all BTC will have been issued,” Saylor wrote in a document titled “A Digital Assets Strategy to Dominate the 21st Century Global Economy.”
Saylor reiterates to the US government, “Never sell your Bitcoin”
Saylor presented the document to US President Donald Trump, government executives, and global crypto leaders at the White House Crypto Summit on March 7.
He explained that the government should stick to a “Never sell your Bitcoin” policy, predicting that by 2045, the Strategic Bitcoin Reserve could generate over $10 trillion annually, and serve as a “perpetual source of prosperity” for Americans.
Up until 2045, Saylor said the Reserve could generate between $16 trillion and $81 trillion for the US Treasury, potentially easing the national debt.
Source: Michael Saylor
Earlier that day, Trump signed an executive order establishing a “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile,” initially funded with cryptocurrency seized in criminal cases.
While it didn’t include an immediate plan to buy more Bitcoin, the order stated that the Treasury and Commerce secretaries would develop “budget-neutral strategies” for buying more Bitcoin, ensuring no added costs for taxpayers.
25% supply allocation far exceeds previous proposals
If the government secured 25% of Bitcoin’s total supply, it would hold 5.25 million BTC — far more than the 1 million BTC (5% of the supply) proposed by Wyoming Senator Cynthia Lummis in the Bitcoin Act introduced in July 2024.
Related: Michael Saylor’s Strategy bags first Bitcoin purchase under new name
Meanwhile, Saylor has continued accumulating Bitcoin, purchasing an additional $2 billion worth on Feb. 24, bringing Strategy’s total holdings to nearly 500,000 BTC.
The acquisition came after Strategy raised another $2 billion in a senior convertible note offering to purchase more Bitcoin, the firm announced earlier on Feb. 24.
Magazine: SEC’s U-turn on crypto leaves key questions unanswered
This article first appeared at Cointelegraph.com News
