Standard Chartered Analyst: The US strategic Bitcoin reserve may achieve "budget neutrality" by selling gold

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Bitget2025/03/07 18:41

Standard Chartered Bank's Digital Asset Research Director, Geoff Kendrick, suggested that the United States could buy Bitcoin by selling part of its gold reserves valued at $760 billion. This would serve as a "budget-neutral" source of funds for the newly established Strategic Bitcoin Reserve (SBR). This proposal follows closely after President Trump signed an executive order requiring that obtaining Bitcoin should not increase the burden on American taxpayers.

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