K33 Analyst: US Treasury Secretary Expected to Clarify Bitcoin Takeover Measures by May 5
While information on budget-neutral acquisition measures for the Bitcoin Reserve has been vague, K33 analysts expect some clarity by May 5, when Treasury Secretary Scott Bessen will assess legal and investment considerations within 60 days of the executive order's issuance, The Block reports. They note that potential budget-neutral strategies include a surplus in the U.S. Treasury's Foreign Exchange Stabilisation Fund, the sale of Special Drawing Rights issued by the International Monetary Fund, or a revaluation of gold certificates.
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