The executive order of US President Donald Trump, which creates a strategic bachelors reserve (BTC) to a budget neutral strategy to obtain more coins, which includes adding more BTC through confiscation of assets and possibly converting other backup assets to the encrypted currency.
The United States government maintains strategic reserves covering a range of origins and commodities, including gold, oil, natural gas, foreign currency, medicine, land, rare minerals and even cheese.
These most strategic reserves are oil, gold and foreign currency.
According to the US Department of Energy, the American Strategic Petroleum Reserves He has Almost 395 million barrels of crude oil from February 28, with a total capacity of more than 713 million barrels.
A visual clarification of the salt caves that includes the American Strategic Petroleum Reserve. source: US Department of Energy
Assuming a price From $ 67 per barrel of crude oil in West Texas, this US Petroleum Reserve is given a value of more than 26.4 billion dollars.
Data From the US Treasury, it shows that the administration currently owns more than 258.6 million ounces of gold, at a value of more than $ 10.9 billion as of February 28.
Foreign currency convertible in the Ministry of Treasury ReservesAs of January 31, a total of more than 35 billion dollars. Sygnum Bank estimates that the American Bitcoin reserves can grow by the market value of BTC by approximately 25 %, or about 460 billion dollars.
United States Treasury Foreign Reserves. source: US Treasury
Related to: Treasury Secretary Scott Payette says we have to bring BTC to the beach
Senator Cinemia Lomes calls for the transfer of gold reserves into Bitcoin
In July 2024, Senator Wyoming Sinatia Lomes submitted the Bitcoin Law to the US Senate, setting a plan for the US government to obtain 5 % of the total offer in Bitcoin – Million BTC.
The draft law also suggested that the United States government is carrying Bitcoin for 20 years as a hedge against inflation.
In November 2024, Senator Lomes suggested converting some American gold reserves to Bitcoin as a budget neutral to buy 1 million BTC, which cost about $ 90 billion at the time.
BTC is the largest digital asset in the United States government, which is held by $ 17.4 billion. source: Arkham intelligence
Loms had previously argued that the US Treasury should transfer some of its assets to buy BTC, but it did not specify the assets that must be transferred.
White House adviser David Sachs also called Bitcoin and the recently created “A Digital Fort Knox” for the non -central coordinated currency.
The bags added that the rare nature of BTC distinguishes it from other cryptocurrencies as a unique store.
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