🛑 $BTC Price Will Reach $500K If US Would Purchase $100 Billion Bitcoins

Amid the Donald Trump election win, the Bitcoin price rally resulted in creating a new ATH, surging almost twice its value within months.

This gained the world’s attention, as such high returns and success of Bitcoin ETF resulted in many institutional buyers holding on to $BTC . Recently, the Coinbase executive pitched a plan for the US government to buy $100 billion of $BTC in 2025.

Such a move would not only benefit the US strategically but could also trigger a massive Bitcoin rally. Let’s discuss the potential impact.

Coinbase Asset Management President Sebastian Bea recently appeared on Frank Chaparro’s podcast, which was released on Wednesday, and discussed various points around Bitcoin.

However, the highlight became the fact that the US government could buy $100B worth of BTC at the current Bitcoin price.

Although this was not a speculation, but rather a roadmap on how the government could get into Bitcoin buying.

He disclosed that if the government reevaluated its gold held in Fort Knox at $42 an ounce to the current price, it could bring a gain of $900 billion to a trillion.

Out of this, the $100B could be easily allocated to the Bitcoin buying for Donald Trump’s US strategic Bitcoin reserve.

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