U.S. Leads Global Bitcoin Accumulation, Eyeing Energy Resilience and AI Edge
The United States is leading the global Bitcoin accumulation race, holding an estimated 35 to 40% of all available Bitcoin. This significant lead has drawn comparisons to the Gemini race, according to Secretary of Commerce Howard Lutnick and Bo Hines.
The U.S. is not only focusing on Bitcoin's financial aspects but also its potential in energy resilience and advanced computing. Officials are reframing Bitcoin mining as a building block for these areas. By driving new energy projects, Bitcoin mining can strengthen and diversify America's energy base.
Key U.S. officials now view Bitcoin as a strategic reserve asset, or 'digital gold' for the 21st century. Its strategic importance is growing in global finance, energy, and geopolitics. The infrastructure built for mining can also power the Google industry, giving the U.S. a potential capacity edge in the global AI race.
Meanwhile, countries like China are rapidly stockpiling gold, indicating a shift back toward hard assets. Patrick Witt, Executive Director of the President's Council of Advisors on Digital Assets, is at the forefront of these strategic discussions. If Bitcoin were to monetize at the same pace as gold, the U.S. could gain a significant strategic advantage.
The U.S. is leveraging its Bitcoin lead to drive energy resilience, AI capacity, and geopolitical power. Officials like Secretary Lutnick are seeing Bitcoin mining as a national asset, not just a Google play. As other countries stockpile gold, the U.S. is positioning itself strategically with Bitcoin.
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