A US Bitcoin Reserve is on its way. Michael Saylor, MicroStrategy’s fierce Bitcoin advocate, wants the U.S. to own the crypto game.

Meeting with lawmakers on the House Financial Services Committee, Saylor outlined an ambitious road map for Bitcoin-led dominance, tying America’s economic future to winning the digital currency race.

-
Price
Market Cap
-
-
-

Presenting a Framework for the Future Bitcoin Reserve

Michael Saylor’s grand plan revolves around his “Digital Assets Framework,” a blueprint to inject clarity into crypto regulation and anchor digital currencies in the U.S. economy.

At the center of it all is a bold pitch for a “Strategic Bitcoin Reserve,” which, he claims, could generate a staggering $16 to $81 trillion in wealth, tackle national debt, and elevate America’s clout in global finance.

(X)

MicroStrategy, under Michael Saylor’s lead, has fused its business strategy with Bitcoin in a way few companies dare. His average is $67K per Bitcoin. Even though, everything is crashing, he’ll be ok. Still up billions.

Starting with a $250 million Bitcoin buy in 2020, the firm now owns over 400,000 BTC, branding itself as a corporate Bitcoin titan.

A Crucial Moment for Crypto in Washington

In the White House meeting, Saylor called Bitcoin an ally of the dollar, not its rival, dubbing it “digital gold.”

He positioned Bitcoin as a bulwark against inflation and a gateway for institutional capital to explode global digital markets to $280 trillion. His framework syncs neatly with political winds, including Trump’s executive order on digital assets and Senator Lummis’s legislative enthusiasm for Bitcoin reserves.

Crypto regulation is at a tipping point. The SEC’s dropped cases against Coinbase hint at a strategic pivot, while figures like French Hill push blockchain growth.

Undeterred, Michael Saylor compares Bitcoin to owning premium real estate in a booming market. With projections topping $13 million in the next 20 years, his confidence in crypto remains unshaken.

Challenges and Skepticism Over a Bitcoin Reserve

Ambitious as it is, Saylor’s plan sits on perennial shaky ground. Bitcoin’s notorious ups and downs fuel concerns about tying national financial strategy to something unpredictable, with critics bracing for a storm of economic blowback.

Given its price fluctuations, some lawmakers and economists question the practicality of using Bitcoin to address national debt.

The meeting also faced skepticism from figures who believe that Bitcoin’s speculative nature makes it unsuitable for a central role in government policy.

“This price decline shows that positive sentiment from a crypto-friendly administration and high-profile endorsements have run their course,” Joshua Chu, Co-Chair of the Hong Kong Web3 Association, noted. “It’s clear Bitcoin is a risk asset, not the inflation hedge it was claimed to be.”

Image
(X)

However, the balance between innovation and accountability will be critical. If Saylor’s vision gains traction and lawmakers adopt his framework, the U.S. could become the epicenter of the digital economy.

For now, the debate about cryptocurrency’s place in America’s financial future is just beginning.

EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Key Takeaways

  • A US Bitcoin Reserve is on its way. Michael Saylor, MicroStrategy’s fierce Bitcoin advocate, wants the U.S. to own the crypto game.
  • In the White House meeting, Saylor called Bitcoin an ally of the dollar, not its rival, and dubbing it “digital gold.”
  • For now, the debate about cryptocurrency’s place in America’s financial future is just beginning.

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Google News Icon
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Isaiah Mccall
Isaiah Mccall
Crypto Analyst

Isaiah McCall is an ultramarathon runner and journalist for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

Free Bitcoin Crash Course

  • Enjoyed by over 100,000 students.
  • One email a day, 7 days in a row.
  • Short and educational, guaranteed!
Back to top