US strategic crypto reserve could add 1m Bitcoin by 2030 with gold sales, analysts say
The United States could acquire more than a million bitcoins in five years if the authorities sold 15% of the country’s gold reserves, analysts say.
Sell 15% of sound gold Reserves could allow the United States to acquire 1.05 million bitcoins (BTC) Over the next five years, according to new estimates from the Blockchain company based in Singapore Matrixport.
In A post X On March 7, analysts noted that to finance the reserve, the senator Cynthia Lummis has already offered to sell gold reserves, although they have warned that such a decision could potentially lead to increased volatility.
“The Bitcoin law of senator Cynthia Lummis proposes to use the market value of gold around $ 688 billion, far exceeding its accounting value of $ 11 billion to acquire $ 1 million over five years. This could involve the sale of gold at market prices and the reallocation of the product. »»
Matrix
This decision takes place as American president Donald Trump Prepares for the Summit of White House cryptography, scheduled for Friday, March 7. The summit, the first of the genre organized by the White House, is considered a key step in Trump’s push to establish the United States as the “capital of the cryptographic world of the world”.
Trump’s vision includes a strategic reserve of American cryptocurrency, which would focus on Bitcoin, Ethereum (Ethn), XRP (Xrp), Solana (GROUND), and Cardano (ADA).
Trump has already signed a decree to create a Bitcoin strategic reserve. Like crypto.News reported Earlier, the reserve will be funded by Bitcoin seized by the federal government through the confiscation of assets, which means that taxpayers will not bear any cost.
The AI of the White House and the Tsar Crypto David Sacks have noted that the US government already has around 200,000 BTC, although a complete audit has never been carried out. The executive decree requires complete accounting of federal digital asset holders and prohibits the sale of bitcoin in the reserve, comparing it to a “strong digital knox”.
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