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Cryptocurrency News Articles
Michael Saylor Proposes U.S. Government Buys 20% of Bitcoin to Strengthen Its Economy and National Security
Mar 02, 2025 at 05:04 pm
Michael Saylor, founder of MicroStrategy, proposes that the U.S. government should buy 20% of Bitcoin to strengthen its economy and national security.
Michael Saylor, the founder of MicroStrategy, has suggested that the U.S. government should buy 20% of all Bitcoin to help strengthen the country’s economy and national security.
This idea comes amid growing interest in cryptocurrencies globally, with Bitcoin's price surging above 97k.
While Saylor's proposal is bold, it may face competition from emerging projects like DTX, which is quickly gaining attention with its presale.
As we delve into the potential impact of Saylor's vision, we'll also discuss how the DTX presale could shift the crypto landscape.
Michael Saylor's Proposal for U.S. to Buy 20% of Bitcoin
As Bitcoin's price hovers around $97k, Michael Saylor, the founder and chairman of MicroStrategy (NASDAQ:MCRQ), has suggested that the U.S. government should buy 20% of all Bitcoin.
According to Saylor, this action could help strengthen the country's economy and national security. This idea is part of a larger conversation happening around the world about the role of cryptocurrencies in government policy.
Saylor's suggestion isn't just based on an idea, it's also influenced by his company's large investment in Bitcoin.
MicroStrategy is well-known for being one of the biggest holders of Bitcoin, currently owning over 140,000 BTC. Saylor sees Bitcoin as more than just an investment; he believes it could be an important national asset.
In an interview with Good Morning America, Saylor compares Bitcoin price to gold or oil, things that countries keep in reserve for tough times. Just like the U.S. keeps oil in the Strategic Petroleum Reserve, Bitcoin price could be used as a digital backup to help the economy or deal with financial crises.
Saylor's proposal to buy 20% of Bitcoin might seem far-fetched, but it's a creative suggestion that highlights the potential benefits of cryptocurrency for the government. However, it remains to be seen whether U.S. officials would consider such a proposal.
Bitcoin price has been fluctuating between $94,000 and $100,000 for the past two weeks. In recent updates, Bitcoin price went up 1.1% to reach $97,187, as per the data from Kraken, a cryptocurrency exchange.
Despite a 7% decrease in the last month, Bitcoin price is still showing a 86% increase compared to a year ago.
DTX: A New Cryptocurrency with Big Growth Potential
On the other hand some experts claim that DTX could be a better option for making bigger returns, even more so than Michael Saylor's Bitcoin price predictions.
DTX has a much smaller market cap compared to BTC, which means it has a lot more room to grow. The platform already has over 700,000 wallet addresses, showing that its community is big and growing fast.
On top of that, DTX Exchange has proven its performance with a testnet that reached 200,000 Transactions Per Second (TPS), demonstrating its advanced technology and ability to scale.
Avenir Group Becomes Asia's Largest Institutional BTC ETF Holder
Avenir Group, a Hong Kong-based investment firm, has become the largest institutional investor in BTC ETFs in Asia, with a $599 million investment. According to their recent filing, they now hold 11.3 million shares of BTC ETFs, making them a major player in the Asian crypto market.
As of December 31, 2024, institutional investors owned 25.4% of BTC ETF assets, valued at $26.8 billion, and Avenir Group's holding represents a significant portion of that investment.
Avenir Group is focused on fostering long-term, sustainable growth in the industry, believing that the merging of crypto, BTC ETFs and traditional finance will reshape global markets.
This commitment is evident in the company's increasing investment in BTC ETFs, supporting their strategy to drive innovation in the digital asset market.
DTX Token: A Promising Cryptocurrency with Huge Growth Potential
BTC ETFs have been a major hit since they launched. As DTX gets ready for its listing, a lot of people have been thinking it will follow suit. The number of holders has already surpassed 700,000, and the project has raised over $14.8 million in a short amount of time. With more people about to join in, the DTX token is looking like one of the best altcoins to buy right now.
The last presale round has just ended, and now is in its bonus stage. At just $0.18 per token, it’s still priced relatively low, and experts claim it has more potential to grow than many
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