"Saylor Urges U.S. to Secure 20% of Bitcoin Supply"

Michael Saylor, co-founder of Strategy, has called on the U.S. government to acquire up to 20% of Bitcoin's (BTC) total supply, arguing that doing so could strengthen the dollar and potentially offset the national debt. Speaking at the Conservative Political Action Conference (CPAC) on Feb. 20, Saylor positioned Bitcoin as a strategic asset, cautioning that if the U.S. does not take action, rival nations might take the lead.

According to Saylor, "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." He further suggested that securing between 4 to 6 million BTC would be sufficient to cover the entire U.S. national debt, though he did not provide specifics on how such a plan would be executed. He also claimed that the government could acquire Bitcoin "at no cost" by leveraging its ability to issue debt.

Saylor's remarks come as state-level efforts to incorporate Bitcoin into public reserves gain momentum, fueled by a shifting regulatory landscape. Lawmakers in several states have advanced legislation to create a state-controlled Bitcoin reserve, while a working group has been established to explore the feasibility of a federal Bitcoin stockpile. As of Feb. 21, more than 20 U.S. states have introduced or advanced legislation to establish Bitcoin reserves, with some allowing state treasurers to allocate a percentage of public funds to BTC.

The trend of corporations adopting Bitcoin as a strategic asset gained significant momentum in 2025, with publicly traded companies now holding nearly 1 million BTC—a 31% increase from the previous year. Strategy, which recently rebranded from MicroStrategy, continues to lead the charge, expanding its Bitcoin reserves to 478,740 BTC as of mid-February. The company has centered its corporate strategy around Bitcoin accumulation, recently announcing workforce reductions to reallocate resources toward further purchases. A key driver of this trend is the recent shift in accounting rules, allowing companies to mark Bitcoin to market, making it a more attractive asset for corporate treasuries.