The Trump administration plans to increase its Bitcoin holdings, possibly using profits from government gold certificates. This would be a budget-neutral way to add to its already large Bitcoin reserve, making the US the world's biggest known Bitcoin holder. The plan is to find creative solutions that don't cost taxpayers money.
- The US government currently holds around 207,000 Bitcoin.
- They aim to increase this reserve without additional spending.
- The plan involves using profits from revaluing gold certificates.
- Bitcoin is considered unique due to its lack of an issuer and its stored value.
Item | Details |
---|---|
Current Bitcoin Holdings (US) | ~207,000 BTC |
Gold Certificate Price (Statutory) | $42.22/troy ounce |
Spot Gold Price | >$3,000/troy ounce |
Bitcoin Price Prediction | Not mentioned in the news |