The post U.S. Could Buy Bitcoin for $100 Billion, Says Coinbase appeared on BitcoinEthereumNews.com.

Bitcoin In a revealing conversation on The Scoop with Frank Chaparro, Sebastian Bea, President of Coinbase Asset Management, laid out a provocative scenario: the U.S. government may soon revalue its gold reserves — unlocking nearly $1 trillion in capital — and use a portion of it to buy as much as $100 billion in Bitcoin. “Sometimes the ideas are so big that people either can’t hear them or don’t want to hear them — but they’ve got to listen to this one,” Bea said. Government Exploring Asset Monetization Bea explained that the U.S. government is considering monetizing dormant assets — including real estate, Fannie Mae and Freddie Mac, and gold — as part of a broader financial strategy. While selling government-owned buildings or public entities is relatively straightforward, gold presents a unique opportunity. Currently, the U.S. Treasury still values its gold holdings at just $42 per ounce, a figure untouched for decades. But gold trades near $2,300 per ounce today. Revaluing Gold = $900 Billion Windfall If the U.S. were to update the book value of its gold to reflect current market prices, it would unlock an estimated $900 billion to $1 trillion in accounting gains — without having to sell a single ounce. Bea said this windfall could flow into a sovereign wealth fund and be deployed in a budget-neutral way — one that avoids new spending or debt. $100 Billion for Bitcoin? One potential destination for a slice of that fund: Bitcoin. Bea referenced the Lummis-Gillibrand bill, which floated the idea of the U.S. acquiring one million BTC over five years. At current prices, that would cost roughly $100 billion — just over 10% of the capital unlocked by gold revaluation. “$100 billion of $900 billion doesn’t sound like that much,” Bea noted, adding that a U.S. entry…

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Filed under: News - @ May 1, 2025 10:28 am