US President Donald Trump signed an executive order, creating a strategic Bitcoin reserve (SBR)-the first of a kind BTC storage program as part of the federal government assets. According to the order, the reserve will be financed by Bitcoin already in possession of the government via a criminal or civil forfeiture, ensuring that the recent program will not affect taxpayers’ money.
However, the initial reaction of the market was staid. The BTC price has fallen by more than -7% in the news that the administration does not immediately make vast -scale purchases. Many traders have focused on the possibility of Bitcoin at the same time – the assumption that the recent order is effectively cutting, at least for now.
However, one line in the executive ordinance surprised the market attention: “The secretaries of the treasury and trade are authorized to develop neutral strategies in terms of budget in order to acquire additional bitcoins, provided that these strategies do not have additional costs for American taxpayers.”
This statement fueled speculation about what “neutral budget” really means in practice. Several outstanding numbers in the Bitcoin space considered possible ways in which the Federal Government could raise billions of dollars in BTC without increasing its deficits or the need for recent congress financing.
Bitcoin-Strategy of “Billion Dollars”?
One of the most influential voices is David Bailey, a confidential from Trump’s team and a key character in shaping the pro-bitcoins of President Trump. Publishing on X, Bailey calculated Potential sources of financing in a concise but eye -catching outline:
“ESF $ 39 billion USD
USD 160 billion from SDRS sales
USD 800 billion from the golden recitivation
= $ 1 “Neutral budget” buys bitcoins “
His message indicates that the State Treasury may combine surplus funds from the Exchange Stabilization Fund (ESF) and possible sales of special drawing rights (SDR) with strategic overestimation of gold certificates, as well as the revaluation of gold certificates – all accounting maneuvers, which effectively increases the government’s utility capital.
Analysts from Bitcoin Policy Institute (BPI), including co -chairman David Zell and executive director Matthew Pines, also claim that the most direct option may include ESF. ESF currently has an estimated surplus of USD 39-40 billion, available to the Treasury in certain circumstances.
Zell excellent Through X, the United States could immediately buy Bitcoin worth $ 39 billion, using the net position of the exchange stabilization fund. This would be neutral for the budget and would not require confirmation of the congress. “
Another option, according to Zella, is the act of Congress: “Wannyzing gold, in accordance with the Senator Lummis Bitcoin Act. If it was adopted, in the USFG state she purchased 200,000 a year for 5 years in a completely neutral way for the budget. “
Matthew Pines, executive director of BPI, added: “There is a legal path for the president of the acquisition of Bitcoin through an executive order, in accordance with BPI developed in November in November, using the exchange stabilization fund. Currently, ESF is ~ USD 40 billion in ESF. Of course, the regulations are needed to codify each executive movement. “
Meanwhile, the BTC Bit Paine (@bitpaine) commentator emphasized what he considers a clear sign that the administration has already mapped his plan behind the scenes: “You do not authorize” the secretaries of the treasury and trade … to develop neutral budget strategies in order to obtain additional bitcoins, “unless these strategies have already been debated and you make the ready and you make it.
In a more pronounced one, a little leae pointed Howard Lutnicki, a secretary of trade, who openly revealed that he is the owner of the BTC disputed stake and runs a company with vast MICROSTRATEGY resources (MST), ending:
“Secretary of trade, whose president of the United States simply responsible for the sovereign property fund and authorized Giga-Long BTC […] recorded […] The video tape with information that it has “$ 100 million BTC – will soon be billions – and his company’s largest farm is MSTS. And you are bear. “
Although the executive ordinance opens one way to buy neutral bitcoins under the budget, analysts such as David Zell believe that congress activities remain necessary. In particular, Congresmen Nick Begich – a vocal supporter of BTC – has retained this sentiment, twying: “It is time for America to become the first bitcoin superpower. I am working on something with the Lummis senator. Stay for the next Tuesday. “
Begich’s attention refers to the upcoming private event BPI on March 11, co -hosted by Senator Lummis, in order to discuss the role of Bitcoin as a strategic reserve resource.
In the BTC press it traded at USD 89,785.
A distinguished painting created from Dall.e, chart from tradingview.com
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