ChainCatcher message, the Bitcoin strategic reserve plan proposed by Senator Cynthia Lummis has sparked heated discussions. Matthew Sigel, the Director of Digital Assets Research at VanEck, shared his analysis on the X platform.
He pointed out that if the U.S. Treasury purchases 1 million Bitcoins at a price of $200,000 over the next five years, and assuming U.S. debt grows at a rate of 5% while the price of Bitcoin compounds at a rate of 25%, by 2050, the U.S. Bitcoin reserves would amount to 36% of its debt.
This prediction has attracted widespread attention in the market, and investors are curious about the future performance of Bitcoin. 📈💡