BREAKING
358d 15h ago

Michael Saylor Advocates for U.S. to Acquire 20% of Total Bitcoin Supply

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a recent video interview, Michael Saylor, founder of Strategy (previously known as MicroStrategy), advocated for the United States to strategically acquire a substantial portion of Bitcoin. He emphasized that the government should aim to control 20% of the total supply of Bitcoin to bolster its position in the evolving landscape of digital assets. Saylor’s commentary comes amidst growing interest in cryptocurrencies as a viable investment class. He argues that such an acquisition would not only enhance the U.S. economy but also solidify the nation’s dominance in the global cryptocurrency market. This call to action reflects ongoing discussions among policymakers and financial strategists regarding the role of Bitcoin as a hedge against inflation and a store of value. As the market matures, the implications of government involvement in Bitcoin could have far-reaching effects on investor confidence and market stability.

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