Pierre Rochard, CEO of The Bitcoin Bond Company and Steward of Catholic Bitcoiners says the United States needs to get serious about Bitcoin — starting with a full audit of how much BTC the government actually owns.
Speaking with Scott Melker on TheStreet Roundtable, Rochard said the U.S. must treat Bitcoin like a strategic asset, adding, “To my knowledge, I was the first person to come up with the term of a strategic Bitcoin reserve… back in 2020.”
Now, with talk of an executive order to formalize that concept, Rochard believes it’s time to shift focus toward accumulation. “The issue is going to be how do we accumulate Bitcoin in a budget neutral manner?” he said, noting that Trump has tasked key figures like Lutnick and Bessent with identifying a path forward.
Rochard called for greater transparency around existing BTC holdings. “The first step is to audit what Bitcoin do we currently hold and what has the Biden administration done during their four years?” he said. “It was very opaque as to how they were disposing of the Bitcoin on the U.S. balance sheet.”
He added that the findings could motivate a new accumulation push: “We need to make up for past mistakes and we need to find a way to aggressively accumulate Bitcoin.”
One idea, presented by Andrew Haines at the recent Bitcoin for America Summit, is to use Bitcoin-linked treasury bonds — similar to how MicroStrategy issues debt to acquire BTC.
“What we could do from a U.S. Treasury perspective would actually not just be budget neutral, but budget positive,” Rochard explained. The concept: issue traditional treasury bonds where 90% of proceeds fund standard obligations and 10% go toward BTC, giving investors long-term upside.
“This really is a great way to look at what Michael Saylor’s doing with MicroStrategy and apply that corporate approach to a sovereign grade approach,” he said. “We can actually lower the interest cost for the treasury.”
Rochard sees this as a win-win: “Give bond investors Bitcoin upside… and build a strategic Bitcoin reserve that secures America’s financial future.”
