Strategy’s Michael Saylor Calls On The US Government To Buy 20% Of Bitcoin Supply

Strategy founder Michael Saylor has spoken in favor of the United States having a strategic Bitcoin reserve, suggesting that it should acquire 20% of the BTC network. “There’s only room for one nation-state to buy up 20% of the network, and obviously, I think it should be the United States, I think it will be the United States,” Saylor said at the Conservative Political Action Conference (CPAC) in Washington DC on Feb. 20. https://twitter.com/saylor/status/1892635108282101914 Saylor warned that not pursuing such a policy would risk the U.S. falling behind other nations. “You wouldn’t want the Saudis buying it first, or the Russians, or the Chinese, or the Europeans,” he posited. The Bitcoin evangelist suggested that owning 4-6 million Bitcoins could help America pay off its national debt, predicting potential benefits of “$50 trillion to $80 trillion” for US taxpayers. Saylor stressed that the U.S. government could purchase 20% of Bitcoin’s supply “ like that ,” snapping his fingers. His remark about buying BTC “for free” likely referred to the U.S. government’s ability to issue an infinite supply of dollars through Treasuries. The U.S. government currently holds around 198,109 BTC — positioning it as the largest government holder of the apex crypto — while the United Kingdom owns 61,245 BTC. Notably, the German government dumped around $2.8 billion in BTC in 2024. Meanwhile, Saylor’s Strategy, which rebranded from MicroStrategy on Feb. 5, holds 478,740 BTC , making it the globe’s largest Bitcoin corporate holder. Last month, Strategy’s shareholders voted to boost the company’s Class A shares from 330 million to 10.3 billion, as part of efforts to raise $46 billion, evenly split between $21 billion in equity and $21 billion in fixed-income securities. In a December presentation, Saylor pitched a Bitcoin reserve strategy to Microsoft’s board of directors, suggesting that the tech giant could create as much as $5 trillion in shareholder value by adopting the benchmark crypto. However, Microsoft shareholders voted “no” to the Bitcoin reserve proposal.