Senator Lummis Urges Treasury to Use Gold Reserves for Bitcoin

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U.S. Senator Cynthia Lummis has called on the Treasury Department to consider using America’s gold reserves to buy Bitcoin. The move aims to create a strategic Bitcoin reserve that could help reduce national debt and strengthen long-term financial stability.

Lummis Urges Treasury to Use Gold Reserves for Bitcoin

Senator Lummis proposed that the U.S. Treasury could sell part of its gold holdings or revalue its gold certificates based on current market prices to fund Bitcoin purchases. Her plan suggests acquiring up to 1 million Bitcoin over the next five years.

SENATOR CYNTHIA LUMMIS HAS DEMANDED THAT TREASURY SECRETARY SCOTT BESSENT USES GOLD RESERVES TO BUY BITCOIN

Its coming!