#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Analyst Urges US to Sell Gold for Bitcoin, Then Mine Asteroids
A top analyst just dropped a game-changing playbook for U.S. dominance—ditch gold, stack bitcoin, and kickstart asteroid mining to crush China in the crypto race.
Analyst Urges US to Sell Gold, Buy Bitcoin, and Launch Asteroid Mining Race
Analyst Willy Woo reignited the debate over U.S. reserve policy on May 28 by proposing a sweeping strategic overhaul that replaces a significant portion of America’s gold holdings with bitcoin. Sharing on social media platform X, Woo argued that such a move would position the United States ahead of global competitors, especially China, in the digital asset race. His suggestion arrived as Trump’s crypto czar, David Sacks, stated the government may explore purchasing more bitcoin, in a budget-neutral way. Woo’s plan, however, offered a far more aggressive approach to reshaping U.S. financial reserves.
He laid out his vision in three steps. The first is to “revalue the gold strategic reserve to market price.” Then he suggested selling gold to buy BTC. The third step is to “announce X-prize style competition to the U.S. private space industry to mine near-earth asteroids for commodities.” He emphasized the international ramifications of such a shift:
In another X post, Woo challenged conventional wisdom on bitcoin’s market dynamics, noting that macroeconomic forces now play a larger role than internal crypto cycles. He stated:
“ BTC is transitioning,” the analyst stressed. “Internal forces, the halvening, is getting weak, global liquidity powers BTC – hence BTC is becoming the canary in the coal mine for global macro moves.” His comments reflect a broader shift among analysts who increasingly view bitcoin as a bellwether for systemic economic trends rather than a self-contained digital asset.