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U.S. Eyes 1 Million Bitcoin Reserve by Selling 15% of Gold Holdings

U.S. Eyes 1 Million Bitcoin Reserve by Selling 15% of Gold Holdings WikiBit 2025-03-08 12:03

Revaluing 15% of U.S. gold reserves could facilitate the acquisition of approximately 1.05 million B

  • Revaluing 15% of U.S. gold reserves could facilitate the acquisition of approximately 1.05 million Bitcoin over five years.
  • The Strategic Bitcoin Reserve will initially comprise Bitcoin obtained through asset forfeiture, with provisions to acquire more through budget-neutral strategies.
  • Senator Cynthia Lummis‘s BITCOIN Act proposes a structured approach for the Treasury to purchase Bitcoin, aligning with the administration’s digital asset initiatives.

Analysts suggest that the United States would obtain 1.05 million Bitcoin in the next five years if it moves 15% of its gold reserves into Bitcoin. The proposed Strategic Bitcoin Reserve finds support among current U.S. government discussions about such reserve creation.

President Donald Trump authorized an executive order on March 6, 2025 to establish both the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile. Bitcoin will form the initial collection of the reserve after being acquired through criminal or civil asset forfeiture. Through the order, the Strategic Bitcoin Reserve receives a protection against Bitcoin sales which designates it as a permanent value holding asset.

The executive order enables the Treasury and Commerce Secretaries to establish budget-neutral methods to buy more Bitcoin, which will grow the reserve without any tax burden on citizens. A national strategy to boost Bitcoin reserves involves evaluating the worth of official gold stockpiles at market rates instead of their legal value at $42.22 per ounce. The Bitcoin purchase could become possible through this proposed evaluation method.

Senator Cynthia Lummis proposed in the Bitcoin Investment Trust and Coin Offering Nationalization (BITCOIN) Act that the Treasury must purchase 1 million Bitcoins throughout five years. The legislative plan pursued by Congress augments existing efforts from the administration to introduce digital assets into the national reserves framework.

The creation of the Strategic Bitcoin Reserve represents a vital transformation in U.S. monetary policy because digital assets continue to gain prominence in worldwide economic markets. The administration works toward balancing innovative planning efforts with financial responsibility to defend taxpayer investment protection as these programs advance.

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