$2 Trillion 'Bitbond' Issuance: Let's Purchase $200 Billion Worth of Bitcoin – Newmarket Capital CEO

# U.S. Government Considering $2 Trillion 'Bit Bonds' for $200 Billion Bitcoin Purchase The U.S. government is contemplating the issuance of $2 trillion worth of 'Bit Bonds' to acquire $200 billion in Bitcoin. This proposal was put forward by Andrew Hohns, CEO of Newmarket Capital, during a recent Bitcoin Policy Institute event in Washington. The event was captured and shared by Bitcoin Magazine. Newmarket Capital is an investment firm that focuses on structures promoting social and environmental change. ## Andrew Hohns Proposes Bitcoin Investment for Economic Strengthening Andrew Hohns argued that a substantial investment in Bitcoin could fortify America's economic future. The proposal aims to diversify U.S. reserve assets and bolster its position in the global digital economy. Industry experts believe this move could potentially drive up Bitcoin prices. "Bitcoin can serve as a long-term store of value amid rising inflation and national debt," Hohns stated. "This initiative could also signal to the world that the U.S. is at the forefront of digital finance and technological innovation." During the event, Congressman Nick Begich announced the introduction of a bill to stockpile one million Bitcoins.