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➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
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Michael Saylor: The United States should acquisitionBTC total amount 5-25% by 2035, and the Treasury could generate $10 trillion annually in the future
MicroStrategy founder Michael Saylor suggested at the White House Digital Assets Summit that the United States should program to acquire 5-25% of the BTC supply before 2035 and projected that by 2045, the strategic BTC reserve could generate over $10 trillion in annual income. (Background: MicroStrategy Michael Saylor: BTC Spot ETF will be a 'milestone' for institutional adoption) Today, in the early hours, BTC holding giant Strategy founder Michael Saylor was invited to attend the inaugural White House Digital Assets Summit. He shared the 'digital asset strategy' during the summit and proposed a digital asset classification framework, while also making recommendations for the Strategic Bitcoin Reserve (SBR). I shared this today at the White House Digital Assets Summit. - Michael Saylor (@saylor) March 7, 2025 By 2035, acquisitionBTC total quantity of 5-25% Saylor stated that the strategic BTC reserve is about dominating the cyberspace and owning the future competition. He suggested that the U.S. government, between 2025 and 2035, acquire 5-25% of the total BTC supply through continuous, programmatic purchases in a trust manner, by which time 99% of BTC will have already been issued. Saylor further pointed out that the strategic BTC reserve has the potential to create $16 to $81 trillion in wealth for the U.S. Department of the Treasury by 2045, providing a viable solution to offset national debt. In addition, he emphasized never to sell your BTC! He believes that by 2045, the strategic BTC reserve should be able to generate over $10 trillion in annual income and continue to grow, becoming a source of sustainable prosperity for generations of Americans. The U.S. restricts the 'budget-neutral' strategy for increasing the BTC reserve. However, in the 'Strategic BTC Reserve' executive order signed by Trump, it stipulates that the government will seize approximately 200,000 BTC as a strategic reserve through enforcement actions, without indicating additional funds for purchasing BTC. Additionally, although authorizing the Department of the Treasury and the Department of Commerce to buy additional BTC, the strategy is limited to being 'budget-neutral' and not increasing costs for U.S. taxpayers. Currently, the strategy has not been specifically disclosed. In contrast, Saylor stated on X platform yesterday (7) that he has several budget-neutral strategies to assist the U.S. in acquiring additional BTC, but did not specify what these strategies are. Therefore, the feasibility of the U.S. acquiring up to 25% of the total BTC quantity by 2035 through acquisition still remains to be observed. Read More: MicroStrategy Michael Saylor: Can provide 'zero-cost' strategy for increasing BTC reserves; Grok also provides advice I have a few budget-neutral strategies for acquiring additional bitcoin... - Michael Saylor (@saylor) March 7, 2025 Four new digital asset categories and opportunities On the other hand, Saylor proposed four new digital asset categories, indicating that this framework can seamlessly integrate with TradFi systems and offers corresponding opportunities: Digital Tokens: Issued by issuance, supported by digital utilities, used for capital creation and innovation. Opportunity: Add $10 trillion in capital for U.S. businesses, enhancing global product and service competitiveness. Digital Securities: Issued by issuance, based on securities or commodities, used for capital efficiency and globalization. Opportunity: Expand the U.S. securities market by $20 trillion, strengthening the U.S.'s global leadership in stock, bond, and derivative markets. Digital Coin: Issued by issuance, supported by legal tender, used for digital commerce and dollar hegemony. Opportunity: Expand the U.S. bond market by $10 trillion, consolidating the dollar's dominance in global banking, credit, and coin markets. Digital Commodities: No issuance, supported by digital power, used for capital preservation and appreciation. Opportunity: Increase U.S. long-term capital assets by $20 trillion, driving wealth appreciation for U.S. households and enterprises. Related Reports MicroStrategy Michael Saylor: Can provide 'zero-cost' strategy for increasing BTC reserves; Grok also provides advice Michael Saylor shouts: Do not sell BTC even if you have to sell your kidneys, MicroStrategy BTC profit drops to $6.6 billion MicroStrategy Michael Saylor releases 'BTC 21 Rules': Disrespect BTC and prepare to be a clown 'Michael Saylor: The United States should acquire 5-25% of the total BTC quantity by 2035, and the Department of the Treasury can generate $10 trillion annually in the future' This article was first published on the blockchain news media BlockTempo.