BitBonds proposed as a solution to Trump's budget-neutral Bitcoin reserve strategy

Mars Finance News, on April 1st, the Bitcoin Policy Institute proposed that the United States adopt enhanced Bitcoin Treasury Bonds, or "BitBonds", as an innovative fiscal tool to achieve multiple key objectives, including implementing President Trump's strategic Bitcoin reserve plan. The policy brief, co-authored by Andrew Hohns, founder and CEO of Newmarket Capital and Battery Finance, and Matthew Pines, executive director of the Bitcoin Policy Institute, noted that BitBonds is "an idea whose time has come", directly implementing Trump's directive by reducing the interest burden of US Treasury bonds while increasing the country's Bitcoin holdings. According to the plan, BitBonds will pay investors a fixed 1% annual interest rate (in US dollars), far lower than the current standard Treasury bond rate of 4.5%. Hohns and Pines explained that 90% of BitBonds sales proceeds would be used for general government funds, while 10% would be used to purchase Bitcoin and deposit it into strategic Bitcoin reserves. Investors would benefit from fixed interest and potential Bitcoin appreciation at maturity, while the government would also retain a portion of Bitcoin gains.