【Blockchain Rhythm】ARK Investment Management founder Cathie Wood recently revealed a major piece of information on a podcast: the U.S. government is unlikely to rely solely on seized Bitcoin from law enforcement to replenish the national reserves, but will instead directly enter the market to make purchases.
What is this judgment based on? Wood pointed out that although the Trump administration officially established a national Bitcoin reserve framework through an executive order, all the BTC accumulated so far come from confiscated assets — no market purchases have been made yet. The initial goal set by the government was to hold 1 million Bitcoins. “Since the goal is so ambitious, they will eventually have to start actively buying,” Wood said.
Why is the Trump administration paying such close attention to crypto assets this time? Wood believes there are two key factors. First, Trump and his family are increasingly involved in the crypto industry. Second, the crypto community contributed significantly to this presidential election. Now that Trump holds power, he naturally wants to continue pushing in this direction. “He doesn’t want to be a weak president; he wants to achieve something during his one or two remaining years in office, and he sees the crypto industry as an important pathway to the future.”
Practical actions from the government also confirm this. The Trump administration has signed multiple executive orders to establish Bitcoin reserves and a crypto asset inventory system, and a crypto and AI working group was formed led by David Sacks. This working group is promoting the implementation of several industry bills, including the GENIUS Act (a legislative framework for stablecoins). It appears that crypto assets have officially entered the strategic vision of the U.S. government.
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AirdropAutomaton
· 01-11 16:11
Is the US about to start directly buying Bitcoin? That means we're not far from true institutional-level recognition. This time, it's not just a test.
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NFTDreamer
· 01-09 01:42
1 million coins, how much money would that take... But on the other hand, is the government really going to start buying BTC? Then our wave is riding the rocket.
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defi_detective
· 01-09 01:29
1,000,000 tokens! Now it's really time to start buying up. Once the government steps in and starts purchasing, it will directly drive the price up. Do retail investors still have a chance?
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RunWithRugs
· 01-09 01:22
1 million coins? Buy directly? This is really happening. The day the US government enters is the day we take off.
The US may initiate a BTC market purchase plan, with a reserve target of tens of millions of coins emerging
【Blockchain Rhythm】ARK Investment Management founder Cathie Wood recently revealed a major piece of information on a podcast: the U.S. government is unlikely to rely solely on seized Bitcoin from law enforcement to replenish the national reserves, but will instead directly enter the market to make purchases.
What is this judgment based on? Wood pointed out that although the Trump administration officially established a national Bitcoin reserve framework through an executive order, all the BTC accumulated so far come from confiscated assets — no market purchases have been made yet. The initial goal set by the government was to hold 1 million Bitcoins. “Since the goal is so ambitious, they will eventually have to start actively buying,” Wood said.
Why is the Trump administration paying such close attention to crypto assets this time? Wood believes there are two key factors. First, Trump and his family are increasingly involved in the crypto industry. Second, the crypto community contributed significantly to this presidential election. Now that Trump holds power, he naturally wants to continue pushing in this direction. “He doesn’t want to be a weak president; he wants to achieve something during his one or two remaining years in office, and he sees the crypto industry as an important pathway to the future.”
Practical actions from the government also confirm this. The Trump administration has signed multiple executive orders to establish Bitcoin reserves and a crypto asset inventory system, and a crypto and AI working group was formed led by David Sacks. This working group is promoting the implementation of several industry bills, including the GENIUS Act (a legislative framework for stablecoins). It appears that crypto assets have officially entered the strategic vision of the U.S. government.