How a hidden gold accounting loophole could propel the U.S towards a massive Bitcoin reserve.
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Sebastian Bea is proposing a U.S. gold revaluation to fund a $100 billion Bitcoin acquisition.
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Bitcoin’s future depends on breaking the $95,000-$96,000 resistance for further growth.
A bold new proposal is quietly gaining attention in Washington’s financial circles, one that could reshape the U.S government’s relationship with Bitcoin [BTC].
Coinbase exec on the United States’ Bitcoin move
Sebastian Bea, President of Coinbase Asset Management, is in the news today after he hinted at a subtle accounting shift in how the U.S values its gold reserves. This, he said, could free up nearly $100 billion in budget-neutral capital.
In a recent interview on The Scoop podcast, Bea described the move as a strategic pathway to a massive Bitcoin acquisition, well ahead of the timeline many in the market anticipated.
The idea, though unconventional, may be far less outlandish than it first appears.
He stated,
“Sometimes the ideas are so big that people either can’t hear them or don’t want to hear them,” he said at the top of the interview. “But they’ve got to listen to this one.”
Bea also argued that a decades-old accounting oversight may be the key to unlocking a Bitcoin-backed financial strategy for the U.S government.
America’s gold reserves
Under current law, America’s 261.5 million-ounce gold reserve is still valued at an outdated price of $42.22 per ounce – a figure frozen in 1973.
At today’s market rate of over $3,300 per ounce, that creates a nearly $900 billion disparity between book and actual value.
Bea believes that a simple legislative amendment to 31 U.S.C. § 5117 could allow the Treasury to revalue its gold holdings, issue higher-denomination gold certificates, and direct the unrealized gains into a sovereign-style fund.
He added,
“When the revaluation occurs, that creates a $900 billion mark-to-market gain, which the Treasury could then take […] in a budget-neutral manner to go and buy a variety of things. We think probably including Bitcoin.”
This revaluation could then support a strategic Bitcoin reserve echoing President Trump’s executive directive, without technically increasing the national debt.
What’s more?
Thus, as Bitcoin flirts with the $100,000 level, a broader geopolitical and market recalibration may be underway.
Worth noting, however, that Sebastian Bea’s proposition could trigger a domino effect among global governments, underscoring the strategic stakes at play. Hence, with central banks already engaged in record-breaking gold accumulation, a similar race for Bitcoin could unfold.
Bitcoin’s immediate future hinges on a critical technical barrier, though.
Unless it breaks decisively above the $95,000–$96,000 resistance, the price is likely to remain range-bound.
A clear breakout could ignite a new leg north, potentially reshaping the digital reserve narrative at a sovereign level.
Conclusion
In summary, the proposal from Sebastian Bea signals a significant shift in the way the U.S could approach its gold reserves and, by extension, Bitcoin investments. A legislative change could pave the way for a substantial acquisition, impacting not only the U.S but also the global cryptocurrency landscape.
