Standard Chartered Bank: The United States can build up Bitcoin reserves by selling gold and using treasury funds
On March 10th, according to Decrypt, Geoff Kendrick, global head of digital asset research at Standard Chartered Bank, proposed that the US government could purchase Bitcoin in several budget-neutral ways when implementing the latest executive order from President Trump. Kendrick detailed these strategies, stating that they would avoid "additional costs to American taxpayers," a practice that Trump had already banned when establishing a strategic Bitcoin reserve last week. In a research report last Friday, Kendrick wrote that the Trump administration could achieve this by "selling gold," utilizing the US Treasury's so-called Exchange Rate Stabilization Fund (ERF), or incorporating budget-neutral plans into Senator Cynthia Lummis's proposed 2024 "Bitcoin Bill." According to data from the World Gold Council, the US government currently holds 8133.46 tons of gold reserves. At current prices, this batch of gold is worth approximately $758 billion.
Analysis: Monte Carlo model predicts Bitcoin price will peak at $713,000 within 6 months
On March 10th, despite the continued "extreme fear" shown by the cryptocurrency fear and greed index on March 10th, a Bitcoin market simulation still predicts a bullish trend in the second half of 2025. Cryptocurrency researcher Mark Quant analyzed the price of Bitcoin using Monte Carlo simulation and provided a six-month forecast for the cryptocurrency. The Monte Carlo model is a computational method that simulates price predictions and evaluates risks through random sampling. It can generate multiple possible scenarios based on variable factors such as volatility and market trends. Based on an initial price of $82,655, the study estimates the average final price of Bitcoin by the end of September 2025 to be $258,445. However, from a broader perspective, the price of Bitcoin is expected to fluctuate between $51,430 (5th percentile return) and $713,000 (95th percentile return).
Strategy has lost $3 billion on the 246,876 bitcoins it bought since November last year
According to Lookonchain monitoring, Strategy currently holds 499,096 bitcoins, with a total value of approximately $40.9 billion, and an average purchase price of $66,357. Since November 2024, the company has accumulated a total of 246,876 bitcoins, investing $23.2 billion (current market value is approximately $20.2 billion), with an average purchase price of $94,035, resulting in a book loss of $3 billion.