The Bitcoin Policy Institute proposes to issue "BitBonds" to support Trump's strategic Bitcoin reserves

2025-04-01 23:12:52

Collection

ChainCatcher news, according to The Block, the Bitcoin Policy Institute has proposed the issuance of a new type of government bond called "BitBonds" to support the Trump administration's strategic Bitcoin reserve plan. This bond will offer a 1% annual interest rate (lower than the ordinary government bond rate of 4.5%) and will allocate 10% of the funds raised to purchase Bitcoin.

According to the plan, if $20 trillion worth of BitBonds are issued, it could save $700 billion in interest over ten years. Currently, the U.S. government holds approximately 200,000 Bitcoins (worth $17 billion), and after deducting the portion that needs to be returned, the initial scale of the strategic reserve is about 103,500 Bitcoins.

The proposal aims to achieve budget-neutral accumulation of Bitcoin while reducing the cost of government bonds. The Secretary of the Treasury will assess the feasibility of this proposal within 60 days.

(Source Link)

Related tags

BitBonds Trump Bitcoin reserves

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.