Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Lido Staked Ether 
Dogecoin 
TRON 
Cardano 
Wrapped stETH 
Wrapped Bitcoin 
Wrapped Beacon ETH 
Hyperliquid 
Chainlink 
Bitcoin Cash 
Wrapped eETH 
Stellar 
Ethena USDe 
USDS 
Binance Bridged USDT (BNB Smart Chain) 
LEO Token 
Sui 
WETH 
Hedera 
Coinbase Wrapped BTC 
Avalanche 
Litecoin 
WhiteBIT Coin 
Zcash 
Monero 
USDT0 
Shiba Inu 
Toncoin 
Cronos 
Ethena Staked USDe 
Mantle 
Dai 
Polkadot 
MemeCore 
Bittensor 
World Liberty Financial 
sUSDS 
Uniswap 
Aave 
Bitget Token 
Figure Heloc 
OKB 
USD1 
BlackRock USD Institutional Digital Liquidity Fund 
The Bitcoin Policy Institute (BPI) has proposed an unconventional approach to bolstering the US government’s Bitcoin reserves—selling off the country’s Strategic Cheese Reserve.
In a March 7 post on X, the BPI suggested that the US could use proceeds from liquidating its cheese stockpile to fund Bitcoin purchases.
According to the Institute:
“America should immediately liquidate its strategic cheese reserve and convert the proceeds into Bitcoin.”
The BPI added that Bitcoin, rather than cheese, should be the asset held in strategic reserves.
Mathew Sigel, head of research at VanEck, echoed this sentiment, questioning the necessity of maintaining a cheese reserve. He suggested replacing it with a neutral asset like Bitcoin, which could be a smarter financial move.
The US reportedly holds between 1.4 billion and 1.5 billion pounds of cheese in cold storage, an estimated inventory worth around $3.4 billion. This stockpile exists due to government policies designed to stabilize dairy prices and support farmers.
Bitcoin reserve
The proposal follows President Donald Trump‘s recent announcement of the Strategic Bitcoin Reserve initiative.
This move would allow the United States to hold onto its current Bitcoin while exploring budget-neutral strategies to expand its existing holdings without imposing additional costs on taxpayers.
White House AI and Crypto Czar David Sacks said:
“The US will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency often called ‘digital gold.’”
With this in mind, crypto community members are proposing several ways for the US to grow its Bitcoin reserves further.
Matthew Pines, the Executive Director of the BPI, suggested that surplus US dollars, gold reserves, foreign exchange holdings, and revenue from privatizing Government-Sponsored Enterprises (GSEs) could be used to fund additional Bitcoin acquisitions.
