Key takeout
- Michael Saylor has advocated to the US government that it will acquire 20% of Bitcoin to control the digital economy.
- The US currently owns over 198,109 bitcoins, exceeding $19 billion, and is positioned as the owner of a major government.
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A few hours ago, Strategy Executive Chairman Michael Saylor asked the US government to win 20% of Bitcoin's network today at the Conservative Political Action Conference (CPAC), and the US domination in the digital economy He insisted that he would secure the
My story in @CPAC This morning's meeting 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? Own Bitcoin and then run the Bitcoin network. You can use Bitcoin to get Bitcoin Mining. You own Bitcoin,” Saylor said.
Saylor predicted that the US could implement such a strategy within 12 months, citing high gratitude for Bitcoin across the Cabinet, House and Senate.
“There's room for one nation-state to buy 20% of the network. And obviously, I think it should be the US. I think it will become the US,” declared the strategy CEO.
Bitcoin advocates suggest that by owning 4-6 million Bitcoin, they can predict potential benefits of “$50 trillion to $80 trillion” to US taxpayers .
The US currently owns 198,109 bitcoins, exceeding $19 billion, positioning it as the largest government owner of digital assets.
Separately, this morning's strategy announced a $2 billion issue pricing. This is an option for buyers to acquire an additional $300 million.
Last December, Michael Saylor announced a Bitcoin and Crypto Framework for the US Government, and proposed to support the establishment of a strategic Bitcoin Reserve in the US and strengthen America's stance in the global digital economy. Matched.
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