Bitcoin Policy Institute proposes issuing “BitBonds” to support Trump’s strategic Bitcoin reserve

Odaily News The Bitcoin Policy Institute proposed issuing a new type of Treasury bond, "BitBonds," to support the Trump administration's strategic Bitcoin reserve plan. The bond will offer an annual interest rate of 1% (lower than the 4.5% interest rate of ordinary Treasury bonds), and 10% of the proceeds will be used to purchase Bitcoin.
According to the plan, if BitBonds worth $2 trillion are issued, $700 billion in interest can be saved in ten years. The US government currently holds about 200,000 bitcoins (worth $17 billion). After deducting the part that needs to be returned, the initial size of the strategic reserve is about 103,500 bitcoins.
The plan aims to achieve budget-neutral Bitcoin holdings while reducing the cost of national debt. The Treasury Secretary will evaluate the feasibility of this plan within 60 days. (The Block)