Odaily星球日报讯 针对参议员 Cynthia Lummis 提出的比特币战略储备计划，VanEck 数字资产研究主管 Matthew Sigel 于 X 平台发文评论表示，“我们在本月的 ChainCheck 中对这个话题做了一些数学计算。假设美国财政部在 5 年内以 20 万美元的起始价格开始购买 100 万个比特币。假设美国债务以 5%的速度增长（与过去 10 年的 8%年复合增长率相比）以及比特币价格以 25%的速度复合增长。在这种情况下，到 2050 年，美国战略比特币储备将持有相当于 36%债务的资产。”

VanEck研究主管：如美财政部5年内购买100万枚BTC，条件允许时2050年将相当于36%的美债资产

Odaily Odaily News: In response to Senator Cynthia Lummis&#39;s proposed Bitcoin strategic reserve plan, Matthew Sigel, head of digital asset research at VanEck, commented on the X platform, &quot;We did some math on this topic in this month&#39;s ChainCheck. Suppose the U.S. Treasury starts buying 1 million Bitcoins at a starting price of $200,000 over 5 years. Assume that U.S. debt grows at a rate of 5% (compared to an 8% annual compound growth rate over the past 10 years) and that Bitcoin prices grow at a compound rate of 25%. In this case, by 2050, the U.S. Strategic Bitcoin Reserve will hold assets equivalent to 36% of its debt.&quot;

VanEck Research Director: If the U.S. Treasury Department purchases 1 million BTC within 5 years, it will be equivalent to 36% of U.S. Treasury assets in 2050 if conditions permit

Odaily Odaily reports that <Cryptoquant> founder <Ki Young Ju> posted on <X platform> stating that using Bitcoin as a strategic reserve to offset US debt is a feasible approach. Over the past 15 years, $790 billion in actual capital inflows have driven Bitcoin's market capitalization to $2 trillion. In just this year alone, $352 billion in capital inflows have increased its market value by $1 trillion. However, using an extractable asset like Dai (instead of gold or the US dollar) to offset US dollar-denominated debt may make it challenging to gain the consensus of creditors. To gain wider market acceptance, Dai must attain global and national authority comparable to gold. Establishing a strategic Dai reserve (SDR) could be a symbolic first step. Since 70% of US debt is held domestically, if the US government designates Dai as a strategic asset, it is feasible to offset 36% of this debt by purchasing 1 million Dai by 2050. While the remaining 30% of debt held by foreign entities may resist this approach, the plan does not depend on repaying all debt with Dai, making the strategy viable.

CryptoQuant founder: It is feasible for Bitcoin strategic reserves to offset US debt

Odaily reports that according to the latest report by K33 Research, institutional investors purchased 859,454 Bits in 2024, accounting for 4.3% of the total circulating supply, equivalent to 8 years' worth of Bit issuance. Among them, spot ETF funds cumulatively increased their holdings by 561,781 Bits, and the total AUM of US ETFs has reached 1.4 million Bits, with BlackRock's IBIT holding the largest amount of 542,653 Bits, valued at around $54 billion. On the public company side, they increased their holdings by 297,673 Bits in 2024, with MicroStrategy purchasing nearly 250,000 Bits through active financing strategies, and currently holding 439,000 Bits. The report points out that although about 230,000 Bits came from bankruptcy liquidations and seized assets (including Mt. Gox and the German government), institutional demand effectively absorbed the selling pressure. Currently, about 22% of the circulating supply is available for trading in the market, close to the 2021 high level.

K33 Research: Institutional investors will buy 859,000 bitcoins in 2024, equivalent to 8 years of bitcoin output

Odaily Odaily News reports that, according to a post on X platform by Cointelegraph, Senator Cynthia Lummis recently stated that the purpose of the strategic Bitcoin reserve is to "clearly and strategically pay off the government debt that hangs over every American."