PANews reported on December 21 that in response to Senator Cynthia Lummis's Bitcoin strategic reserve plan, Matthew Sigel, head of digital asset research at VanEck, commented on the X platform, "We did some math on this topic in this month's ChainCheck. Suppose the U.S. Treasury starts buying 1 million Bitcoins at a starting price of $200,000 over 5 years. Suppose U.S. debt grows at a rate of 5% (compared to an 8% compound annual growth rate over the past 10 years) and Bitcoin prices grow at a compound rate of 25%. In this case, by 2050, the U.S. Strategic Bitcoin Reserve will hold assets equivalent to 36% of its debt."