VanEck Research Director: If the U.S. Treasury purchases 1 million BTC within 5 years, Bitcoin reserves may reach approximately 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 the 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 an initial price of $200,000 over 5 years. Assuming U.S. debt grows at a rate of 5% (compared to an 8% compound annual growth rate over the past 10 years) and Bitcoin prices compound at a rate of 25%. In this scenario, by 2050, the U.S. strategic Bitcoin reserves would hold assets equivalent to 36% of the debt."$BTC