Michael Saylor Calls for US Government to Acquire Bitcoin

A few hours ago, Michael Saylor, executive chairman of Strategy, urged the US government at the Conservative Political Action Conference (CPAC) to acquire 20% of Bitcoin’s network, asserting it would ensure America’s leadership in the digital economy.

> My talk at the @CPAC conference this morning focused on Bitcoin, freedom, and economic empowerment.
> — Michael Saylor⚡️ (@saylor) February 20, 2025

Saylor emphasized, “If you want to own the future, you want to own cyberspace. How do you own cyberspace? You own Bitcoin, and then you run the Bitcoin network. You mine Bitcoin; you own Bitcoin.”

He predicted that the US could implement this strategy within 12 months, noting increasing support for Bitcoin among members of the cabinet as well as Congress.

> “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,” said Saylor.

According to him, owning four to six million Bitcoins could significantly help tackle the national debt, with projected benefits ranging between $50 trillion to $80 trillion for taxpayers.

Currently, the US holds 198,109 Bitcoin, valued over $19 billion, making it the largest government holder of this digital asset.

Additionally, this morning, Strategy announced a $2 billion issue pricing, allowing purchasers to buy an extra $300 million.

Last December, Saylor released a framework for Bitcoin and crypto regulations for the US government and advocated for the creation of a US strategic Bitcoin reserve to bolster America’s position in the global digital economy.