Senator Cynthia Lummis has introduced the idea for the US to explore the possibility of using part of its gold reserves to purchase Bitcoin.
Lummis's Legislative Proposal
The idea, introduced by Senator Cynthia Lummis, marks the first time a major economy has publicly explored converting part of its gold-based wealth into Bitcoin as a national asset.
Current State of US Gold Reserves
As of August 2025, the US holds over 8,100 metric tons of gold valued at over $600 billion. The unrealized gains from these holdings could provide a new foundation for investment policy.
Implications for Future Reserve Strategy
If the US allocates even a small percentage of its reserves into Bitcoin based on gold gains, it could legitimize digital assets as part of a national reserve strategy and open doors for innovative use of digital assets in financial planning.
The transition from gold to Bitcoin could change traditional approaches to reserves and mark the beginning of a new era for digital assets.
