Bitcoin News: Michael Saylor Proposes U.S. Acquisition of 20% of Global Bitcoin Supply

In a bold move to strengthen the U.S. economy and maintain its global financial dominance, Michael Saylor, the founder of Strategy (formerly MicroStrategy), has proposed an unprecedented strategy. Saylor urges the U.S. government to acquire 20% of the global Bitcoin supply, believing it to be a crucial step in securing the nation's financial future.

Michael Saylor Urges U.S. to Secure 20% of Bitcoin to Strengthen Economy

Michael Saylor, the founder of Strategy (formerly MicroStrategy), has proposed that the United States should acquire 20% of the global Bitcoin supply to remain a dominant force in the global economy, particularly in digital finance. In a recent speech, Saylor argued that this strategic move would fortify the U.S. economy and help address the nation’s fiscal debt. Saylor believes there is only room for one nation-state to hold such a significant portion of the Bitcoin network, and he strongly advocates that it should be the U.S.

VanEck Research: Strategic Bitcoin Reserve Could Pay Off 18% of US Debt by 2049

Following Trump’s speech at the Nashville Bitcoin conference, Sen. Cynthia Lummis introduced a bill to create a Strategic Bitcoin Reserve aimed at reducing US debt. VanEck's research and a new tool released in February 2025 indicate that if the act is adopted, Bitcoin could offset 18% of the national debt before the government sells the Bitcoin reserves. The tool allows the government to input various parameters, such as the number of bitcoins purchased annually, the average purchase price, and the average compound growth rate of the BTC price and US debt.

Senate Banking Committee to Hold Key Hearing on Crypto Regulations

The U.S. Senate Banking Committee will hold a hearing on bipartisan crypto regulations on February 26. Lawmakers will discuss stablecoin regulations, market structure, and a potential strategic Bitcoin reserve. Industry experts from Kraken and Lightspark will provide insights on regulatory clarity and innovation. The session aims to provide clear guidelines for the crypto industry amid growing regulatory concerns and stalled legislative efforts.

Best Crypto and Bitcoin Casinos 2025 | Top 5 Online Bitcoin Casino Sites With High Bonuses and Ratings (February Update)

Millions of casino fans are turning to crypto casinos. We've narrowed it down to the top five best crypto casinos for their great features and reliability, including CASINOBONUSRATINGSJACKBIT with a 30% Rakeback Bonus + No Wagering 100 Free Spins, 7Bit with a Welcome Pack of 325% up to 5.25 BTC + 250 Free Spins, BitStarz with a Welcome Pack of up to 5 BTC or $500 + 180 Free Spins, KatsuBet with a Welcome Bonus 325% + 200 FS Up to 5 BTC or $6000 on 4 deposits, and MIRAX with a Welcome Package 325% up to 5 BTC + 150 Free Spins.

Brazilian National Faces 20-Year Sentence for $290 Million Bitcoin Ponzi Scheme

A Brazilian citizen has appeared in U.S. District Court in Seattle, extradited from Switzerland, to face charges of a $290 million Bitcoin investment fraud. Douver T. Braga pleaded not guilty to a 13-count indictment involving wire fraud and conspiracy related to the Trade Coin Club (TCC) scheme. Braga operated TCC from 2016 to 2021, primarily while residing in Florida. The platform, purportedly based in Belize, attracted over 126,000 members across 231 countries by promising returns through Bitcoin (BTC) trading software. However, investigators found no evidence of any trading platform or software existing. The indictment reveals that investors entrusted more than 82,000 BTC to Braga.