I recently heard an interesting perspective: the U.S. government may be about to enter the market to directly purchase Bitcoin, rather than relying solely on seized assets to fill national reserves.
ARK Invest founder Cathie Wood mentioned in a recent podcast that although the Trump administration has established a Bitcoin reserve framework through executive orders, so far all the BTC in reserves are assets seized by law enforcement—there haven't been any real market purchases yet. "Their initial goal is to accumulate 1 million Bitcoin," she said, "so eventually they're definitely going to start actively buying."
Why would this happen? Wood believes the key lies in political realities. The Trump administration, under midterm election pressure, continues to attach considerable importance to crypto topics. On one hand, Trump himself and his family have deepening interests in this sector; on the other hand, the crypto community's mobilization power in the last presidential election cannot be ignored. "He doesn't want to be a lame duck president; he wants to have another one or two years of effective governance, and he sees crypto as a gateway to the future," she assessed.
From actual actions, the government has already signed several executive orders to establish Bitcoin reserves and crypto asset inventories, and has even established a Crypto and AI working group led by David Sacks to advance a series of bills including stablecoin legislation. These signals combined together do suggest that the possibility of market purchases is rising.
I recently heard an interesting perspective: the U.S. government may be about to enter the market to directly purchase Bitcoin, rather than relying solely on seized assets to fill national reserves.
ARK Invest founder Cathie Wood mentioned in a recent podcast that although the Trump administration has established a Bitcoin reserve framework through executive orders, so far all the BTC in reserves are assets seized by law enforcement—there haven't been any real market purchases yet. "Their initial goal is to accumulate 1 million Bitcoin," she said, "so eventually they're definitely going to start actively buying."
Why would this happen? Wood believes the key lies in political realities. The Trump administration, under midterm election pressure, continues to attach considerable importance to crypto topics. On one hand, Trump himself and his family have deepening interests in this sector; on the other hand, the crypto community's mobilization power in the last presidential election cannot be ignored. "He doesn't want to be a lame duck president; he wants to have another one or two years of effective governance, and he sees crypto as a gateway to the future," she assessed.
From actual actions, the government has already signed several executive orders to establish Bitcoin reserves and crypto asset inventories, and has even established a Crypto and AI working group led by David Sacks to advance a series of bills including stablecoin legislation. These signals combined together do suggest that the possibility of market purchases is rising.