Policy & Strategy - Senator Lummis suggests revaluing gold and using it to build strategic Bitcoin reserves [1] - The idea of a Bitcoin standard is gaining traction [1] Economic Commentary - Addressing the $37 trillion debt requires more than just Bitcoin purchases [1]

U.S. Treasury Secretary Scott Bessent said in an interview with Fox, “We are not going to be buying,” referring to crypto reserves, and will instead use seized assets. He has also stated that the value of Bitcoin reserves is about $15 billion to $20 billion, and that the government will stop selling its Bitcoin holdings. https://t.co/3rUvHS7EMQ ...

🚨BREAKING: U.S. Treasury Secretary Bessent says U.S. Bitcoin reserves are worth $15–$20B.That’s 125,000–166,000 BTC. https://t.co/hk78LR1bU7 ...

It's still a bit unclear if this is true or notBut it has been blasted out to all of Senator Lummis's followersWill share what we know currently in this threadSenator Cynthia Lummis (@SenLummis):I’m alarmed by reports that the U.S. has sold off over 80% of its Bitcoin reserves—leaving just ~29,000 coins.If true, this is a total strategic blunder and sets the United States back years in the bitcoin race. ...

RT Senator Cynthia Lummis (@SenLummis)I’m alarmed by reports that the U.S. has sold off over 80% of its Bitcoin reserves—leaving just ~29,000 coins.If true, this is a total strategic blunder and sets the United States back years in the bitcoin race. ...