Why Are Michael Saylor and Marathon Digital’s CEO Heading to Capitol Hill? The National Bitcoin Strategy Could Change Everything—Here’s What You Need to Know.
Ever wonder what happens when two heavyweight champions of the Bitcoin world head straight to Capitol Hill? It’s no small talk over coffee this time. Michael Saylor, a mastermind strategist, joins forces with Marathon Digital’s CEO Fred Thiel to press the US government on an ambitious plan: the BITCOIN Act. This bill, crafted to pivot the national Bitcoin strategy, envisions America acquiring a staggering one million Bitcoin in the next five years—without dipping into the budget. Sounds like a bold play straight out of a high-stakes boardroom, doesn’t it? But beyond the numbers and pitches, this roundtable gathering is shaping up to be a pivotal moment in the crypto-investment landscape. Can the powers that be actually rally behind such a game-changing proposal? Let’s dive in. LEARN MORE.
Industry leaders, including Michael Saylor and Fred Thiel, push for US Bitcoin investment through BITCOIN Act at Capitol Hill event.
Key Takeaways
- Industry leaders, including Michael Saylor and Fred Thiel, will attend a Capitol Hill roundtable to support the BITCOIN Act.
- The BITCOIN Act, reintroduced by Sen. Cynthia Lummis, proposes the US government acquire 1 million Bitcoin over five years.
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Strategy co-founder Michael Saylor, Marathon Digital CEO Fred Thiel, and other industry leaders will attend a Capitol Hill roundtable on Tuesday to advocate for the BITCOIN Act.
The bill, reintroduced by Sen. Cynthia Lummis in March, proposes the US acquire 1 million Bitcoin over five years through “budget-neutral strategies.”
The roundtable brings together prominent figures from the crypto industry to build support for the legislation on Capitol Hill.
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