Michael Saylor, founder of MicroStrategy, proposes that the U.S. government should buy 20% of Bitcoin to strengthen its economy and national security. This idea comes amid growing global interest in cryptocurrencies as Bitcoin price surges above 97k.
While Saylor’s suggestion is bold, it may face competition from emerging projects like DTX, which is gaining attention with its presale. In this article, we will discuss the potential impact of Saylor’s vision and how the DTX presale could shift the crypto landscape.
Michael Saylor’s Proposal for U.S. to Buy 20% of Bitcoin
As Bitcoin’s price hovers around $97k, Michael Saylor, the founder and chairman of MicroStrategy, has suggested that the U.S. government should buy 20% of all Bitcoin. He believes this could help strengthen the country’s economy and national security. His idea is part of a larger conversation happening around the world about the role of cryptocurrencies in government policy.
Saylor’s suggestion isn’t just based on an idea, it’s backed by his company’s large investment in Bitcoin. MicroStrategy owns over 140,000 BTC, making it one of the biggest holders of Bitcoin. Saylor sees Bitcoin as more than just an investment; he believes it could be an important national asset.
He compares Bitcoin price to gold or oil, things that countries keep in reserve for tough times. Just like the U.S. keeps oil in the Strategic Petroleum Reserve, Bitcoin price could be used as a digital backup to help the economy or deal with financial crises.
Bitcoin’s price has been moving between $94,000 and $100,000 for the past two weeks. Bitcoin price recently rose 1.1% to $97,187, according to Kraken, a cryptocurrency exchange. Although the Bitcoin price has dropped 7% in the last month, it is still up 86% compared to a year ago.
DTX: A New Cryptocurrency with Big Growth Potential
On the other hand some experts believe DTX could be a better option for making bigger returns, even more so than Michael Saylor’s Bitcoin price predictions. DTX has a much smaller market cap compared to BTC, which means it has a lot more room to grow. The platform already has over 700,000 wallet addresses, showing that its community is big and growing fast.
On top of that, DTX Exchange has proven its performance with a testnet that reached 200,000 Transactions Per Second (TPS), demonstrating its advanced technology and ability to scale.
Avenir Group Becomes Asia’s Largest Institutional BTC ETF Holder
Avenir Group, an investment firm based in Hong Kong, has become the largest institutional investor in BTC ETFs in Asia, with $599 million invested. According to their recent filing, they now hold 11.3 million shares of BTC ETFs, making them a major player in the Asian crypto market.
As of December 31, 2024, institutional investors owned 25.4% of BTC ETF assets, worth $26.8 billion, and Avenir Group holds a significant portion of that.
Avenir Group is focused on fostering long-term, sustainable growth in the industry, with the belief that the merging of crypto, BTC ETFs and traditional finance will reshape global markets.
This commitment is reflected in the company’s growing investment in BTC ETFs, which supports its strategy to drive innovation in the digital asset market.
DTX Token: A Promising Cryptocurrency with Huge Growth Potential
BTC ETFs have been a major hit since they launched. As DTX gets ready for its listing, a lot of people have been thinking it will follow suit. The number of holders has already surpassed 700,000, and the project has raised over $14.8 million in a short amount of time. With more people about to join in, the DTX token is looking like one of the best altcoins to buy right now.
The last presale round has just ended, and now is in its bonus stage. At just $0.18 per token, it’s still priced relatively low, and experts think it has more potential to grow than many other popular altcoins. With plenty of room to increase in value, a 100x gain is expected, making it one of the top altcoins to buy this year.
DTX Exchange also gives users the option to trade with up to 1000x leverage, which means they can make larger profits from a smaller investment. Plus, DTX is audited by SolidProof, which makes it even more appealing to traders looking for secure investments. Experts believe DTX launch will be as successful as some of the BTC ETFs.
For more information about DTX Exchange (DTX), check out the links below.
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