Marathon Digital Urges U.S. to Create Strategic Bitcoin Reserve

American company Marathon Digital Holdings, one of the leading Bitcoin miners, has published an open letter urging the U.S. government to establish a strategic Bitcoin reserve. The company believes this move will strengthen the nation’s economic and national security.

Marathon Digital notes that the U.S. already holds over 200,000 bitcoins, but this is insufficient considering China possesses approximately 190,000 bitcoins. The company proposes increasing the reserve to 1 million bitcoins over the next five years. This would allow the U.S. to maintain leadership in the digital economy and prevent other nations from gaining a stronger foothold in the crypto industry.

The letter also emphasizes the importance of controlling the global hashrate, which would ensure financial sovereignty and protect transactions from external interference. Marathon Digital is willing to collaborate with the government to implement this initiative, offering its expertise and resources.