US eyes Gold reserves to buy Bitcoin?
|A proposed 2025 bill suggests using gold profits to purchase Bitcoin, signaling a major shift in U.S. crypto strategy.
White House adviser Bo Hines has floated a bold new strategy: the U.S. might start buying Bitcoin using profits from its gold reserves. This plan could lead to the purchase of up to 1 million BTC over five years.
The move is tied to the upcoming Bitcoin Act of 2025, which proposes to:
-
Designate Bitcoin as a strategic U.S. asset.
-
Keep spending budget-neutral by selling Federal Reserve gold certificates.
-
Demonstrate strong U.S. commitment to digital assets.
Former President Donald Trump is reportedly backing the idea, aiming to position the U.S. as a global leader in crypto adoption through real action, not just words. If passed, this could dramatically reduce BTC supply and fuel historic market momentum.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.