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Posted: 2025-04-12 20:00:15 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-12 20:00:53 UTC
Verified By
Rollup News
The U.S. White House is considering using gold reserves to purchase Bitcoin, according to a senior White House official. This move is seen as a way to capitalize on gains from gold holdings and increase the country's Bitcoin reserves. The Bitcoin Act of 2025, proposed by Sen. Cynthia Lummis, advocates for the US to acquire 1 million Bitcoin, funded through the sale of Federal Reserve gold certificates. President Trump has expressed his commitment to making the US the leading Bitcoin superpower.
Potential use of US gold reserves to purchase Bitcoin
Bitcoin Act of 2025
President Trump's commitment to cryptocurrency
Market stagnation due to macroeconomic factors