Alex Thorn, Chief of Research at Galaxy Digital, expressed a marked change in his perspective with respect to the possible purchases of the United States Government of Bitcoin in 2025. Write Sunday through X, Thorn underlined What he described as an evolving image, stating: “It seems increasingly likely that the United States is progressing in the logistics and mechanics of the strategic reserve. We had predicted in December 2024 that in 2025 the US.
Thorn pointed out the recent comments of the Trump administration as the reason for the change: “See Besent’s comment to Tucker Carlson, Drumbeat de Sacks and Hines”, as well as the next deadline for the BTC audit: “Take into account on Monday of SBR EO for government agencies to complete the audit of their Bitcoin / Digital Holdings In the public.
Purchase of the US Bitcoin in 2025?
Thorn’s reference to Besent’s “comment” refers to the comments made by the United States Treasury Secretary Scott Besent, in a recent interview with Tucker Carlson. When Carlson asked why gold is being sent all over the world at this time, Besent, after a brief response about gold, abruptly pivot Bitcoin.
Steven Lubka, head of private wealth on Swan, said through X: “Besent was asked” Why does gold move around the world at this time? “And after responding to a line, he immediately began to say” there are many different value stores over time. This is a sign of signal for those with eyes to see. “
These comments arrive immediately after the executive order signed by President Trump on March 6, formally establishing the strategic reserve of the US Bitcoins. UU. The order reuses any BTC that the Government obtains through decisions and seizures, placing it under direct federal control as part of a long -term strategic asset.
According to the same directive, the Treasury and Commerce departments have the task of formulating strategies to acquire additional bitcoin “provided that the methods remain a neutral budget and do not impose incremental costs to taxpayers in the United States.”
According to Robert “BO” HIES, Executive Director of the Presidential Council of Digital Assets Advisors, a possibility under examination is to use gold certificates, which the Bank of the Federal Reserve of St. Louis values at a legal price of $ 42.22 per ounce of Troy, significantly lower than the spot price of more than $ 3,000 per outaly.
Speaking at the Digital Assets Summit on March 18, Hines reiterated the commitment of the Trump administration with Bitcoin and offered more information about how much BTC the government can seek to ensure, invoking an analogy with the gold reserves. “They have asked me all the time, it’s like, how much do you want?
Hines’ comments were echoed by David Sacks, also known as the “cryptographic tsar”, which has publicly defended a greater participation of the government in digital assets.
At the time of publication, BTC quoted at $ 77,570.
Outstanding image created with Dall.E, Record of TrainingView.com
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