Senator Lummis Proposes Revaluing Gold to Expand Bitcoin Reserve

Senator Cynthia Lummis has proposed a radical new strategy to tackle the U.S. national debt: revaluating gold reserves to fund a Strategic Bitcoin Reserve (SBR). Instead of buying more Bitcoin directly, this proposal aims to leverage existing gold assets for budget neutrality while simultaneously bolstering the SBR’s size. This innovative approach potentially restructures US fiscal policy and opens new avenues for managing digital and traditional assets.