Strategy founder Michael Saylor said at the annual CPAC conference that the U.S. should seek to stockpile 20% of the Bitcoin supply.

Michael Saylor, the founder of Strategy (formerly MicroStrategy), has urged the United States to hold 20% of the overall Bitcoin supply to ensure its future dominance. “There’s only room for one nation-state to buy up 20% of the Bitcoin network, and obviously, I think it should be the United States; I think it will be the United States.”

Strategy founder Michael Saylor has stressed the importance of America having a strategic Bitcoin reserve, suggesting that it should buy up 20% of the BTC network. “There’s only room for one nation-state to buy up 20% of the network,

Michael Saylor’s business intelligence firm Strategy plans to raise an additional $2 billion through convertible notes to buy more Bitcoin.

I think as we start investing more into our Bitcoin treasury strategy we’ll be able to create more liquidity in our stock and attract investors.” Goodfood is one of the dozens of public companies — including a social-media company,

MicroStrategy, now rebranded as Strategy, purchased 7,633 Bitcoin last week, after a brief respite in which the firm paused new acquisitions. The company, the world’s largest corporation holding Bitcoin on its balance sheets, now has 478,740 Bitcoin — more than 2% of Bitcoin’s total supply of 21 million.

CNBC's MacKenzie Sigalos joins 'Fast Money' to debrief Michael Saylor's address at the FII Summit and the latest on Strategy's $42 billion bitcoin purchase plan.