White House faces Iran war bill that is worth nearly 3 million Bitcoin

The Pentagon has submitted a $200 billion supplemental funding request to the White House for the Iran war, a sum that equates to almost 3 million Bitcoin based on current market rates of about $68,600 per BTC. This comparison is used not to suggest crypto financing, but to frame the enormous expenditure in terms that are more tangible than standard budget language, especially as the proposal faces bipartisan resistance in Congress. The scale of this $200 billion request is emphasized by comparing it to major Bitcoin holdings: it is roughly 8.6 times the US government's current BTC holdings, significantly exceeds the reserves of major holders like Strategy, BlackRock's IBIT, and Satoshi Nakamoto's estimated stash, and is 2.4 times larger than the combined holdings of the top 100 public Bitcoin treasury companies. Furthermore, the requested amount is equivalent to about 2.83 times all the Bitcoin that has yet to be mined. The article contrasts this with the dollar system, where the government can easily issue debt to cover such spending, unlike Bitcoin's fixed supply of 21 million coins. This difference underscores the argument that Bitcoin serves as a monetary benchmark exposing the true scale of government fiscal expansion, a concept supported by figures like Coinbase CEO Brian Armstrong and reflected in policy moves like the Trump administration's 2025 order establishing a Strategic Bitcoin Reserve.

(Source：CryptoSlate)