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Crypto界 News reports that Wu said on Twitter: ARK Invest founder Cathie Wood stated that cryptocurrencies are partly responsible for Trump's victory in the election and emphasized their political importance ahead of the midterm elections. She pointed out that the US Bitcoin strategic reserve currently mainly comes from judicial confiscations, with an initial goal of holding 1 million Bitcoins, and may initiate direct purchases in the future. This reserve is managed by the Treasury Department and is regarded as a national strategic asset similar to gold.