The founder of the strategy, Michael Saylor, proposed that the United States government purchased up to 25% of the total supply of Bitcoin over the next decade for the strategic Bitcoin reserve.
“Buy 5-25% of the Bitcoin network in trust for the nation through consistent, program everyday shopping in 2025–2035, when 99% of all BTC was issued,” Saylor wrote In a document entitled “Strategy of digital assets to dominate the global economy of the 21st century.”
Saylor repeats the US government: “Never sell your bitcoins”
Saylor presented this document to US President Donald Trump, government directors and global cryptographic leaders at the Crypto Summit top at the White House on March 7.
He explained that the government should stick to the policy “never sell Bitcoins”, anticipating that by 2045 the Bitcoin strategic reserve can generate over $ 10 trillion a year and serve as a “eternal source of prosperity” for Americans.
Until 2045, Saylor said that the reserve could generate from 16 trillions to $ 81 trillion for the US treasury, potentially reducing domestic debt.
Source: Michael Saylor
Earlier on that day, Trump signed an executive ordinance establishing a “strategic Bitcoin reserve” and “digital assets”, initially financed from cryptocurrency confiscated in criminal matters.
Although he did not contain an immediate plan to buy more Bitcoins, the order stated that the secretaries of the treasury and trade would develop “neutral strategies under the budget” in order to acquire more bitcoins, without providing additional taxpayers’ costs.
25% supply allocation significantly exceeds the previous proposal
If the US government purchased 25% of the total supply of Bitcoins, it would accommodate 5.25 million BTC – much more than 1 million BTC (5% supply), which was proposed by Senator Wyoming Cynthia Lummis in the Bitcoin Act introduced in July 2024.
Related: Michael Saylor’s strategic bags first buy Bitcoin under the up-to-date name
Meanwhile, Saylor continued the accumulation of bitcoins, after buying an additional $ 2 billion on February 24. This brings a total strategy of almost 500,000 BTC.
The takeover occurred after the strategy collected another $ 2 billion in the seniors note, offering the purchase of more bitcoins.
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