Analyst outlines strategies for the U.S. to buy more Bitcoin
Analyst Jiang Jinze mentioned several ways of which the United States could buy Bitcoin for his strategic reserve in the event of a BTC seized.
The analyst and founder of Muse Labs, Jiang Jinze, stressed that there is a possibility that the United States should still acquire more bitcoin (BTC) Go ahead. According to him, only 100,000 BTC on the total belonging to WE The government can be considered “real reserves”. Indeed, almost 50% of confiscated BTCs must be returned Bitfinex.
In January 2025, the American Federal Court judge CE 94 643 of 119,754 BTC stolen from Bitfinex 2016 hacking must be returned to exchange. The BTC is currently owned by the United States government after being seized by the authorities.
“In addition, most of them were confiscated at the start where Bitcoin was worthless. He can take a long time to confiscate the same amount of pieces in the future, “said Jinze in a job.
Consequently, the analyst and the founder of Muse Labs offered some alternatives that would allow the Asset Administration to buy more bitcoin without using taxpayer funds.
First of all, he suggests selling gold To increase the assets of the US BTC government. The two active ingredients have long been linked together, in particular after the announcement of the Bitcoin reserve when the price of the two assets has dropped roughly at the same time, noted Jinze.
Aside from gold, the government could also sell other types of assets such as land, buildings, licenses and others. However, he also recognized that the federal government had a limited amount of the assets they could sell to buy BTC.
“Redistribution of existing assets It is currently the most likely source of additional funds, using the income generated by gold reserves or feeded deposits to finance the purchase of Bitcoin,” said Jinze.
Another way that the American government could follow is to take advantage of existing IT or underused energy resources to exploit their own bitcoin and increase the reserves. Jinze mentions Bhoutan as an example of a country that accumulates the BTC belonging to the government through the State cryptography mine.
After White House Crypto summit March 7, AI and Crypto Czar David Sacks said The US government will not use government funds to buy BTC for its strategic reserve, rather choosing to use assets that are already belonging to the government. He said the United States government had around 200,000 BTC, although it was not audited.
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