Key Points
- Sebastian Bea, President of Coinbase Asset Management, proposes a U.S. gold revaluation to fund a $100 billion Bitcoin acquisition.
- Bitcoin’s future growth depends on breaking the $95,000-$96,000 resistance.
Sebastian Bea, President of Coinbase Asset Management, has put forward a proposal that could potentially change the U.S government’s relationship with Bitcoin.
The U.S. Bitcoin Move
According to Bea, a subtle accounting shift in how the U.S values its gold reserves could free up nearly $100 billion in budget-neutral capital. He explained this move as a strategic pathway to a significant Bitcoin acquisition, which is expected to occur sooner than anticipated by many in the market.
This unconventional idea may not be as far-fetched as it initially seems. Bea stated that a decades-old accounting oversight could be the key to unlocking a Bitcoin-backed financial strategy for the U.S government.
Revaluating America’s Gold Reserves
Currently, America’s 261.5 million-ounce gold reserve is valued at an outdated price of $42.22 per ounce, a figure that was frozen in 1973. With today’s market rate of over $3,300 per ounce, this creates a nearly $900 billion disparity between book and actual value.
Bea suggests 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.
This revaluation could then support a strategic Bitcoin reserve echoing President Trump’s executive directive, without technically increasing the national debt.
As Bitcoin flirts with the $100,000-level, a broader geopolitical and market recalibration may be underway. However, Sebastian Bea’s proposition could trigger a domino effect among global governments, underscoring the strategic stakes at play.
With central banks already engaged in record-breaking gold accumulation, a similar race for Bitcoin could unfold. However, Bitcoin’s immediate future hinges on a critical technical barrier. 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.
