Michael Saylor Advocates for U.S. Bitcoin Reserve
- Michael Saylor suggests the U.S. could acquire 20% of Bitcoin’s supply “for free.”
- The U.S. currently holds around 183,422 BTC, nearly 1% of the total supply.
- Saylor’s firm, Strategy, holds over 430,000 BTC, the largest among public companies.
- A Utah bill favorably recommended mandates state Bitcoin reserves.
- Critics argue a national Bitcoin reserve could undermine the U.S. dollar’s status.
Michael Saylor has proposed that by acquiring a significant portion of Bitcoin, the U.S. could strengthen its financial position and potentially pay off national debt. However, critics warn that such a move might destabilize the dollar’s global standing.
Source (2.6)https://decrypt.co/307214/strategy-michael-saylor-us-20-percent-bitcoin-supply?rand=52368
