Golden Finance reported that asset management company VanEck said that if the United States established a reserve of 1 million Bitcoins in accordance with the bill proposed by Senator Cynthia Lummis, the United States’ national debt could be reduced by 35% in the next 24 years. VanEck's estimate assumes that Bitcoin will grow at a compound annual growth rate (CAGR) of 25% to $42.3 million in 2049, while U.S. Treasuries will climb at a CAGR of 5% from $37 trillion in early 2025 to the same level. 119.3 trillion during the period. ‘The reserves could account for 35% of the national debt by 2049, offsetting about $42 trillion in liabilities,’ Matthew Sigel, head of digital asset research at VanEck, and investment analyst Nathan Frankovitz said in a Dec. 20 report. "