Trump Eyes Gold Revaluation And Treasury Fund To Buy Bitcoin Without New Spending
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President Donald Trump still wants the U.S. government to add Bitcoin to its Strategic Bitcoin Reserve, according to Patrick Witt, speaking on the What Bitcoin Did podcast. The reserve, established by a March 2025 executive order, currently holds only Bitcoin seized by the government rather than purchased coins. Witt said administration officials have held extensive internal discussions about funding purchases without new spending, including revaluing the government's gold holdings and using a Treasury fund. The approach matters because it could let the U.S. accumulate Bitcoin without congressional appropriations, tying the reserve's growth to balance-sheet maneuvers rather than fresh outlays.
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Named in this story
Bitcoin (BTC), Donald Trump, US Strategic Bitcoin Reserve, Patrick Witt, US Treasury
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