Michael Saylor, the mind behind Strategy (previously known as MicroStrategy), has issued a call to action for the United States. He believes that by securing 20% of the total Bitcoin supply, the U.S. could safeguard its future economic supremacy.
During his speech at the CPAC conservative conference, Saylor emphasized, “There’s only room for one nation-state to buy up 20% of the Bitcoin network, and obviously, I think it should be the United States; I think it will be the United States.”
Saylor suggested that by owning 20% of Bitcoin instantly, the U.S. could alleviate a portion of its debt. He stated, “The US could own 20% of the ‘Bitcoin’ network like that. The dollar would strengthen, the nation would be enriched, and the real promise is if you own 4-6 million BTC, you’re going to pay off the national debt.”
He reiterated his belief that there’s only room for one nation-state to secure 20% of BTC. He warned, however, that the U.S. should not allow Saudis, Russians, Chinese, or Europeans to make the first move.
Saylor added, “It’s is a way (US having +4M BTC) to enrich ourselves and emerge as a creditor nation in a matter of a decade. It’s a way to ensure we’re the economic leaders in cyberspace for the next 100 years.”
Currently, the United States is grappling with approximately $36 trillion in fiscal debt. Saylor believes that with Bitcoin’s current market cap of $2 trillion potentially rising to $20 trillion in the next 4-8 years, the U.S. could offset a portion of its fiscal debt if it begins accumulating now.
While the market hasn’t fully priced in such an outcome yet, with Polymarket’s odds standing at 45%, Saylor remains optimistic. He views Bitcoin as an equalizer that could empower an individual or a small firm to compete with dominant players.
For example, Strategy currently owns 478k BTC or 2.28% of the total BTC supply and may be on track to hit 500k coins soon. Its stock, MSTR, has been the top-performing share in recent years, logging +370% gains in 2024.