Trump’s Gold Play: Bitcoin Wipeout?

### Trump Executive Order: Revaluing National Gold Reserves and Strategic Bitcoin Stockpiles

Background and Key Summary

Recently, the Trump administration's plan to revalue gold certificates at current market prices and mass-purchase Bitcoin for strategic reserves has garnered significant attention in the media. The U.S. government holds approximately 8,200 tons of gold, valued at $42.22 per ounce since 1973, a stark contrast to the current market price of $3,000 per ounce. This plan is seen as a creative approach to addressing national debt or improving fiscal health, and it is expected to significantly impact the utilization of digital assets and government financial management strategies in the future.

National Financial Statements and Gold Holding Revaluation

According to the U.S. official financial statements, the national gold reserves, including those at Fort Knox, are valued at approximately $11 billion in book value. However, reflecting the current gold market price, their value is close to $780 billion. That is, the existing financial statements do not properly reflect the actual market value, and it is analyzed that gold revaluation can have a positive effect on the government balance sheet. The Trump administration is seeking the possibility of supplementing national finances in the short term through this revaluation.

Bitcoin Purchase Strategy and Digital Asset Utilization

Senator Cynthia Lummis's "BITCOIN Act of 2025" outlines a plan to revalue gold certificates at current market prices and use the assets for strategic reserves of digital assets, such as creating a sovereign wealth fund and purchasing Bitcoin. In fact, the U.S. government already holds approximately 207,000 BTC, and if this plan is implemented, it is expected to strengthen its digital asset portfolio through additional asset purchases. In this process, the Trump administration's stance and policy decisions will likely play an important role.

Trump Administration's Moves and Market Reaction

Within the administration, the idea of revaluing gold certificates is being discussed in detail, and active consultations are underway among relevant departments. President Trump emphasized the importance of gold reserves by directing a visit to Fort Knox and stating, "We need to make sure the gold is really there." Wall Street is receiving this move positively, while evaluating it as an active asset utilization strategy to solve the national debt problem. As such, the gold revaluation and Bitcoin purchase strategy are expected to have a significant impact on the overall economy.

Meanwhile, another issue in the global economy is the noticeable increase in Bitcoin holdings by North Korean hacking organizations. According to Binance News and cryptocurrency data firms, the North Korean hacking organization Lazarus is estimated to hold $1.14 billion worth of Bitcoin. This is a significant amount compared to the United States or the United Kingdom, highlighting the importance of digital assets once again. In addition, the market's anxiety is also spreading as cryptocurrency-related companies such as the WEMIX Foundation suffer from hacking attacks.

As such, in today's economic issues, keywords such as gold revaluation, Bitcoin purchases, national debt, digital assets, and the Trump administration are intertwined, showing complex aspects. It is worth noting how much effect the government's gold revaluation plan and Bitcoin strategic reserves will actually have, and whether they will improve national fiscal soundness.

*Source URL:
http://m.g-enews.com/article/Global-Biz/2025/03/2025031718095723154a01bf698f_1


### Trump Executive Order: Revaluing National Gold Reserves and Strategic Bitcoin Stockpiles Background and Key Summary Recently, the Trump administration's plan to revalue gold certificates at current market prices and mass-purchase Bitcoin for strategic reserves has garnered significant attention in the media. The U.S. government holds approximately 8,200 tons of gold, valued at $42.22 per…

Leave a Reply

Your email address will not be published. Required fields are marked *

Feature is an online magazine made by culture lovers. We offer weekly reflections, reviews, and news on art, literature, and music.

Please subscribe to our newsletter to let us know whenever we publish new content. We send no spam, and you can unsubscribe at any time.