Official reports from the U.S. Treasury

VanEck Proposes 1 Million Bitcoin Reserve to Cut U.S. National Debt by 36% by 2050, Targeting $42 Million Price

Dec 23, 2024, 09:07 AM

VanEck's recent report suggests that the United States could potentially reduce its national debt by up to 36% by 2050 through the adoption of a strategic Bitcoin reserve. The report projects that if Bitcoin appreciates at a compounded annual growth rate of 25%, its price could reach $42 million by 2049, while the U.S. national debt is expected to grow from $37 trillion at the start of 2025 to $119.3 trillion by 2049. VanEck's analysis indicates that acquiring 1 million Bitcoins over the next five years could offset $42 trillion in debt, aligning with Senator Lummis’s proposed Bitcoin bill. The proposal also suggests that such a reserve could generate between $16 trillion and $81 trillion in wealth for the U.S. Treasury, aiding in debt reduction. Additionally, the report notes a potential 35% debt reduction over 24 years.