China to dump their US treasury holdings for BTC.

[Lida93]

China plans to dump part of its US Treasury holdings and move into Bitcoin and gold, according to BlackRock.

China held $784.3 billion in Treasuries, $229.6 billion in gold, and 194,000 BTC worth $18 billion as of early 2025.

Selling US mortgage-backed securities could spike American mortgage rates and hurt the global market.
https://www.cryptopolitan.com/china-us-treasuries-for-bitcoin-and-gold/

The reason for this proposed sell off by China must be following to the actions of Donald Trump's in his tarrif war with China. Could this be classified as a retaliative measure from the Asian economic giant?. Such a significant treasury holdings sell for bitcoin can shake the US economy triggering higher rates.

But here's the interesting part of the news:
It means an increase in institutional holdings in bitcoin, therefore increase in bitcoin growth.

More investors will be pilling towards bitcoin as an asset they can trust to hedge their funds against any uncertainty that may arise.

We can anticipate another significant ATH all things being equal.

[Lucius]

It's not as simple as it seems, because as the article says, China has the ability to harm the US, but if it goes in that direction, it will harm itself as well. Simply put, China depends on the US and vice versa, and all this pressure from the US is just an attempt to reach agreements that will be more favorable to the US than they have been so far.

Cohn added that China depends on keeping the renminbi (RMB) weaker than the US dollar to keep its exports cheaper and more attractive for American buyers. To do this, China has kept buying US debt for years.

As for China's investment in Bitcoin, I think this is just one possible interpretation by one of the people from BlackRock who obviously want to emphasize the possibilities of investing in BTC even more, considering that they are doing great with their BTC ETF. However, whatever the economic situation on the global markets, I would not agree that China will just decide to invest in BTC, given that they are fanatics who are obsessed with control, and how will they control something that is decentralized and also largely depends on mining farms and various companies located in the US?

[_act_]

The reason for this proposed sell off by China must be following to the actions of Donald Trump's in his tarrif war with China. Could this be classified as a retaliative measure from the Asian economic giant?. Such a significant treasury holdings sell for bitcoin can shake the US economy triggering higher rates.

If China continue this rubbish, they should know it will affect them because Yaun price will increase and this will likely affect the price of goods from China to other countries to increase in price which might be in favour of goods from other countries. The largest bond in United States is owned by Japan and Japan is an ally of United States. Also there are other countries that have huge bonds in United States.

You can read this about the bonds or what you called treasuries:
https://en.macromicro.me/collections/51/us-treasury-bond/81306/top-10-countries-holding-us-debt

It is good to know that this is not the time China began selling its United States bonds but it has been going on for years gradually.

They have say this time because of the bonds but if they are selling almost all, know that China is mostly exporting to United States and many United States companies are in China. In one way or the other, this may later hit China severally.

It is good to know that they are adding bitcoin but I thought it was confiscated coins and not actually reserves.

[SquirrelJulietGarden]

China plans to dump part of its US Treasury holdings and move into Bitcoin and gold, according to BlackRock.

China held $784.3 billion in Treasuries, $229.6 billion in gold, and 194,000 BTC worth $18 billion as of early 2025.

China can do it but it is like a big tap on their own face because years ago in the last market cycle, they cracked down Bitcoin mining and in many years they tried to constrain their citizen access to Bitcoin and cryptocurrency as most as possible.

They can do it because their government totally control that country and citizens in that country have no power from voice to vote for impacting the governmental policy. If Chinese government actually do it, it will be a greatest ever comeback in Bitcoin national policy history.

If it happens, it's big win for Bitcoin investors and I imply about people who already bought bitcoin and hold their bitcoin a long time. For new investors and future investors, it's kind of loss because they soon will have to purchase bitcoin at more expesive prices.

[DeathAngel]

Difficult to be able to confirm anything regarding China. There always seems to be fake news circulating & we can never get 100% confirmation on anything like this. All we can do is wait & see but China has been anti Bitcoin for a while now so it’s going to take a lot for them to change their regulatory attitude towards Bitcoin.

[Russlenat]

China already holds a significant amount of Bitcoin, so I don't think they would buy more if they're planning to dump it. In my opinion, the best option for them would be to buy gold. Well, you can't really blame China for this; it was the US that started the economic war by trying to raise tariffs. Now, China is just responding and trying to show the US that they can't be bullied, they’re ready to fight back.

[Smack That Ace]

China's selling of US Treasuries is real and they did so when the trade war started escalating, not now. According to reports, they are a country that has been accumulating a large amount of gold for many years, and this is not new news and the gold hoarding is for the purpose of de-dollarization. From November 2022 to April 2024, they added 316 tons of gold to the national reserves. Not only that, there are also rumors that the amount of gold they hold is many times larger than the number they announced, which is 2.2 thousand tons of gold.

So far, it's all just rumors circulating on X as well as from unofficial sources, mostly speculation and lacking concrete data. So I don't think this news is real and reliable.

[PrivacyG]

But here's the interesting part of the news:
It means an increase in institutional holdings in bitcoin, therefore increase in bitcoin growth.

Bitcoin growth as in what?  To me it is growth as in more players but it is a rollback on the other hand because more Bitcoin is placed into the same hands of central players.  It is growth if you tell me millions of people are now becoming new Bitcoin holders, not when I hear banks and governments centralizing all those funds in a small number of hands.

[Z-tight]

Is there a way to confirm that this is actually what China want to do, or it is just speculations only for now. There are certain strict policies that affect not only the country on the receiving end, but those making the policies and the global economy too. Just like the tariff war started by Trump, it was always going to have its own negative outcome for U.S. citizens, same thing if China does this, and i am sure they all know that, and they are trying to threaten each other before reaching a middle ground.

I am not too sure China cares about BTC, i know that many bitcoiners are always concerned about China and BTC, and so many of their move is linked 'wrongly' to BTC, but to be honest, i don't think bitcoin is so much in China's plans.

[hd49728]

Bitcoin growth as in what?  To me it is growth as in more players but it is a rollback on the other hand because more Bitcoin is placed into the same hands of central players.  It is growth if you tell me millions of people are now becoming new Bitcoin holders, not when I hear banks and governments centralizing all those funds in a small number of hands.

Countries and governments join this market bring double effects. First it brings more legality and legalize Bitcoin more as well as contributing to new big demand that will lift price up. Secondly it might bring negative effects by having more big holders and Bitcoin distribution will become more centralized in no longer institutional investors or old era whales but with appearances of governments.

Governments surely will not be actively with trading and their Bitcoin holdings will reduce circulating supply on the market that can possibly affect trading volume on the market too.

[Aanuoluwatofunmi]

The reason for this proposed sell off by China must be following to the actions of Donald Trump's in his tarrif war with China.

I wouldn't be surprised at seeing this because i have expected it coming before now, this is one of the reason behind the collaboration of BRICS and why Russia and China were both considering for the use of alternative currency against the use of USD just to counter Trump and the inflation on the tariff plan, though this increase does not only affected China, but many other countries and we are all also affected in one way or the other, because our individual national economy depends on some international trades and relations, all this will later resulted to increase in bitcoin adoption and many will keep to using it and from here we could achieve having its all time high more sooner than later.

[Lida93]

It's not as simple as it seems, because as the article says, China has the ability to harm the US, but if it goes in that direction, it will harm itself as well. Simply put, China depends on the US and vice versa, and all this pressure from the US is just an attempt to reach agreements that will be more favorable to the US than they have been so far.

Why I might agree with your thoughts about this move having such a tendency of harming China in a way is how even the massive new tariff declaration by Trump affected US households negatively as they had to pay more on certain groceries and other items. We live in a world that's referred to as the global village maybe due to the economic interdependence that exists among nations, but critically looking the manner at which Trump went about with the tarrif it didn't implied that he understood how much they needed China as much as China needed the US for economic growth.

Cohn added that China depends on keeping the renminbi (RMB) weaker than the US dollar to keep its exports cheaper and more attractive for American buyers. To do this, China has kept buying US debt for years.

As for China's investment in Bitcoin, I think this is just one possible interpretation by one of the people from BlackRock who obviously want to emphasize the possibilities of investing in BTC even more, considering that they are doing great with their BTC ETF. However, whatever the economic situation on the global markets, I would not agree that China will just decide to invest in BTC, given that they are fanatics who are obsessed with control, and how will they control something that is decentralized and also largely depends on mining farms and various companies located in the US?

It's a matter of geo-economic rivalry with each wing strategizing amid the rising trade tension. If China finds a need to invest in BTC after  evaluating all options  it wouldn't be about trying to control bitcoin but as not to bow to Trump's pressure. In any case I don't think the US will hesitate if they find a spot through which they could control bitcoin as China. Unfortunately for both sides bitcoin is completely decentralised.

[Fiatless]

Is there a way to confirm that this is actually what China want to do, or it is just speculations only for now. There are certain strict policies that affect not only the country on the receiving end, but those making the policies and the global economy too. Just like the tariff war started by Trump, it was always going to have its own negative outcome for U.S. citizens, same thing if China does this, and i am sure they all know that, and they are trying to threaten each other before reaching a middle ground.

I am not too sure China cares about BTC, i know that many bitcoiners are always concerned about China and BTC, and so many of their move is linked 'wrongly' to BTC, but to be honest, i don't think bitcoin is so much in China's plans.

This news is coming from an interview conducted by CNBC, which featured Jay Jacobs who is the head of thematics and equity ETFs at BlackRock. The only authentic source of the government of China is the president or a recognized and high-ranking member of the communist party. Maybe Jay is an insider who has secret information; who knows.

From the actions of the Chinese government, I don't think they have an interest in Bitcoin. But with the stiff competition between the US and China, nothing might be off the table to win this war. Anyway if China wants to be Bitcoin-friendly, the first move should be lifting of ban on minning.

[serjent05]

Difficult to be able to confirm anything regarding China. There always seems to be fake news circulating & we can never get 100% confirmation on anything like this. All we can do is wait & see but China has been anti Bitcoin for a while now so it’s going to take a lot for them to change their regulatory attitude towards Bitcoin.

There is no official statement released yet by the Chinese Government that they are planning to dump part of its treasury.  The news stated by @OP is regarding on the statement of Jay Jacobs in his interiew with CNBC and the statement is somehow light saying that many countries including China are "diversifying away" from the US treasury.  this does not necessarily mean they are dumping but rather possibly expanding or spreading out.

News oftentimes sensationalize their statement especially the headline to catch the viewers attention.  It is often times exaggerat worst is misleading people into believing something that is yet to be founded.

[CryptoBuds]

Difficult to be able to confirm anything regarding China. There always seems to be fake news circulating & we can never get 100% confirmation on anything like this. All we can do is wait & see but China has been anti Bitcoin for a while now so it’s going to take a lot for them to change their regulatory attitude towards Bitcoin.

Indeed, news related to China or North Korea needs to be carefully verified, we should not be easily led by the media. I would only believe this if it was confirmed and reported by Chinese media, not from Western sources and especially unofficial news sites.

Just like during the 2024 bull run, there have been rumors circulating on Twitter that China is planning to lift its crypto ban or recently there was news that they are selling their bitcoins. But after all, there is still no final conclusion and there are too many different streams of information.

[qurbanshah02]

China already holds a significant amount of Bitcoin, so I don't think they would buy more if they're planning to dump it. In my opinion, the best option for them would be to buy gold. Well, you can't really blame China for this; it was the US that started the economic war by trying to raise tariffs. Now, China is just responding and trying to show the US that they can't be bullied, they’re ready to fight back.

China has been very wise in this matter and if they sell Bitcoin now they are in a lot of profit. At this time the price of Bitcoin has gone up due to which they will not buy Bitcoin but before that the price of Bitcoin had gone down a lot which was a good opportunity for China to buy Bitcoin. I have hear that China has bought a lot of gold and because of this, gold has gone up a lot and the United States is also buying a lot of gold due to which the purchase of gold between the two is being given in a very large amount. This has cause a lot of trouble in the case of both of them due to which the discussion about the tariff is still going on between the two.

[fikrett]

Indeed, news related to China or North Korea needs to be carefully verified, we should not be easily led by the media. I would only believe this if it was confirmed and reported by Chinese media, not from Western sources and especially unofficial news sites.

Just like during the 2024 bull run, there have been rumors circulating on Twitter that China is planning to lift its crypto ban or recently there was news that they are selling their bitcoins. But after all, there is still no final conclusion and there are too many different streams of information.

Most of this news is just to hype people up or get the reach the posters wanted - so, definitely, we should double-check such info every time we see or hear it.

[Alpha Marine]

As much as I would love that to happen for the sake of Bitcoin, I doubt they will go that route. These things are a little more complicated than this. They will also consider how it will affect them negatively. I doubt they will want to hurt themselves just to hurt the US.

However, whatever the economic situation on the global markets, I would not agree that China will just decide to invest in BTC, given that they are fanatics who are obsessed with control, and how will they control something that is decentralized and also largely depends on mining farms and various companies located in the US?

I don't think this is a reason that will make them not sell their treasury holdings off and go into bitcoin and gold. Yeah, I agree that they're obsessed with control (so is almost every other government), but in this case, they're not trying to control Bitcoin. They just investing. I mean, they don't control gold too ,but they can invest in it.

[pooya87]

China plans to dump part of its US Treasury holdings and move into Bitcoin and gold, according to BlackRock.

The source is not reliable! Unless the Chinese government makes an announcement or at the very least someone from China says something, this is an unreliable statement by a US based investment company!

These guys are basically making a guess and the media is creating a clickbait out of it, hence your title as well

I doubt China is about to dump US treasury bonds this quickly. It is a tool they have in their hands to really shock the US economy and dump it suddenly. They are unlikely to spend that card at this stage when all that has happened was Trump threatening them a little.
Besides they've already retaliated and we are seeing its consequences in US economy already...

[CryptSafe]

China plans to dump part of its US Treasury holdings and move into Bitcoin and gold, according to BlackRock.

The source is not reliable! Unless the Chinese government makes an announcement or at the very least someone from China says something, this is an unreliable statement by a US based investment company!

These guys are basically making a guess and the media is creating a clickbait out of it, hence your title as well

I doubt China is about to dump US treasury bonds this quickly. It is a tool they have in their hands to really shock the US economy and dump it suddenly. They are unlikely to spend that card at this stage when all that has happened was Trump threatening them a little.
Besides they've already retaliated and we are seeing its consequences in US economy already...

You are right, I have searched for this. Still, I can not get any concrete information from the Chinese website or any reliable sources we can hold onto to be genuine but however, but we all know the Chinese government is very strategic when it comes to trade deals with the US government. I doubt they would be quick to sell off their treasury bond with the US, as it would be too early for them to do so, looking at the fact that they are having trade wars with the US government. Although they have retaliated, which shook the world economy and that of the US, maybe we should call it "a test on the microphone," and a warning signal to the US. They would hold onto their Bond for future retaliation if anything funny happens again.