VanEck Research Director: If the U.S. Treasury purchases 1 million BTC within 5 years, Bitcoin reserves could reach about 36% of U.S. debt assets by 2050
In response to Senator Cynthia Lummis's proposed Bitcoin strategic reserve plan, VanEck's Head of Digital Asset Research, Matthew Sigel, commented on X platform,
"In this month's ChainCheck, we did some mathematical calculations on this topic. Assuming the U.S. Treasury starts purchasing 1 million Bitcoins at a starting price of $200,000 over 5 years. Assuming U.S. debt grows at a rate of 5% (compared to the 8% annual compound growth rate over the past 10 years) and Bitcoin prices grow at a compound rate of 25%. In this case, by 2050, the U.S. strategic Bitcoin reserves would hold assets equivalent to 36% of the debt." $BTC
