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.
Author
Jacob Lazurek
Coinpaprika
In the dynamic world of technology and cryptocurrencies, my career trajectory has been deeply rooted in continuous exploration and effective communication.
