On April 5, the US will conduct a major disclosure of government cryptocurrency assets, initiated by President Donald Trump's directive from March 6. This event may mark a new phase for Bitcoin.
US Strategic Bitcoin Reserve
The US Treasury will release data on digital asset quantities and strategic plans. The government holds approximately 198,012 Bitcoin, valued at $16 billion. These Bitcoins were seized and sold, yielding $366 million. About 400,000 Bitcoins were seized, half sold. A Fort Knox-like facility will be created for storage.
Creation of Bitcoin Bonds for Financing
Bitcoin Bonds, known as ₿ Bonds, will be issued to finance traditional programs. Of the planned $2 trillion, 90% will go to government expenses and 10% to Bitcoin acquisition. Bonds offer a 1% yield with the current 10-year Treasury yield at 4.5%.
Tax Benefits on Bitcoin Bond Investments
The government is set to save $354 billion even after spending $200 billion on Bitcoin. The bonds will have tax exemptions, optimizing tax efficiency for investors. It is expected that 80% of investments will come from institutional and international investors, 20% from US households.
The United States is taking steps to integrate Bitcoin into its national strategy, highlighting the awareness and importance of digital assets for economic stability.
