Michael Saylor Proposes US Government Acquiring 20% of Bitcoin Supply
Strategy co-founder Michael Saylor has recommended that the US government consider acquiring up to 20% of Bitcoin’s total supply. He argues that this move could potentially strengthen the dollar and help offset the national debt.
Bitcoin as a Strategic Asset
Speaking at the Conservative Political Action Conference (CPAC) on Feb. 20, Saylor emphasized the importance of Bitcoin as a strategic asset. He warned that if the US does not take action, other nations could surpass them in Bitcoin holdings.
“There’s only room for one nation-state to accumulate 20% of the network. You wouldn’t want the Saudis, Russians, Chinese, or Europeans to buy it first.”
Saylor suggested that acquiring between 4 to 6 million BTC could potentially cover the entire US national debt. However, he did not provide specific details on how this plan would be implemented. He also mentioned that the government could obtain Bitcoin “at no cost” by utilizing its ability to issue debt.
Growing Bitcoin Reserve Efforts
Saylor’s proposal comes at a time when state-level initiatives to include Bitcoin in public reserves are gaining momentum. This trend has been fueled by President Donald Trump’s positive stance on cryptocurrencies and the evolving regulatory environment.
Several states have progressed legislation to establish state-controlled Bitcoin reserves, while President Trump has formed a working group to explore the feasibility of a federal Bitcoin stockpile.
As of Feb. 21, over 20 US states, including Texas, Utah, Pennsylvania, Wyoming, and Arizona, have introduced legislation to create Bitcoin reserves. Some states allow state treasurers to allocate a percentage of public funds to BTC.
Notably, Utah’s bill recently passed a House committee, and Arizona’s Senate Finance Committee approved a similar measure.
Despite the increasing interest, experts remain divided on whether Bitcoin should be part of government reserves. The European Central Bank (ECB) has expressed skepticism about central banks holding BTC in their treasuries.
Corporate Adoption Trend
In 2025, there has been a significant uptick in corporations adopting Bitcoin as a strategic asset. Publicly traded companies now collectively hold nearly 1 million BTC, marking a 31% increase from the previous year.
Strategy, previously known as MicroStrategy, stands out as a leader in this movement. The company has expanded its Bitcoin reserves to 478,740 BTC as of mid-February.
With a corporate strategy focused on Bitcoin accumulation, Strategy recently announced staff reductions to allocate more resources to additional purchases.
One driving force behind this trend is the change in accounting rules, allowing companies to value Bitcoin at market prices. This adjustment enables them to recognize unrealized gains as profits, rather than only reporting impairment losses.
Overall, this shift has made Bitcoin more appealing to corporate treasuries, potentially paving the way for increased adoption in the future.
