MicroStrategy founder Michael Saylor has proposed an ambitious plan for the United States to establish a strategic Bitcoin reserve, suggesting it could generate between $16 trillion and $81 trillion in wealth for the U.S. Treasury.
In a detailed policy proposal, Saylor outlined how this initiative could potentially offset the nation's $36 trillion debt while positioning the United States as a leader in the digital economy. The proposal envisions digital capital markets expanding from $2 trillion to $280 trillion, with American investors capturing the majority stake.
The plan includes practical steps to modernize market infrastructure, including standardized disclosures and industry-led compliance protocols. Saylor aims to increase market access from the current 4,000 public companies to 40 million businesses.
Saylor's credibility in the cryptocurrency space has grown substantially since initiating MicroStrategy's Bitcoin investment strategy four years ago. The company now holds 439,000 Bitcoin with an unrealized gain of $16 billion. MicroStrategy's success is reflected in its recent addition to the Nasdaq 100 index and its market capitalization of $88 billion.
However, not all experts agree with Saylor's vision. Economist Peter Schiff criticized the proposal, arguing it would weaken the dollar and increase national debt rather than reduce it.
The proposal also advocates for expanding the stablecoin market from $25 billion to $10 trillion to create additional demand for U.S. bonds, potentially strengthening the dollar's position as a global reserve currency in the digital age.
MicroStrategy's own performance lends weight to Saylor's arguments. The company's stock has surged over 500% this year, and it has successfully raised nearly $20 billion from investors in 2024 through share sales and convertible bonds.