CDS Crypto News 2025 Bitcoin Strategy: U.S. May Buy More BTC Than Ever Before, Says Crypto Czar
Crypto News

2025 Bitcoin Strategy: U.S. May Buy More BTC Than Ever Before, Says Crypto Czar

79
2025 Bitcoin Strategy U.s. May Buy More Btc Than Ever Before, Says Crypto Czar

2025 Bitcoin Strategy: Government Reserve Set to Outbuy Confiscated BTC

2025 Bitcoin Strategy: Government Reserve Set To Outbuy Confiscated Btc

On March 6, President Trump issued an executive order creating the U.S. Strategic Bitcoin Reserve. In this regard, White House cryptocurrency czar David Sacks described Tuesday’s Bitcoin 2025 in Las Vegas and how the U.S. Strategic Bitcoin Reserve may buy more Bitcoin than the current amount of money it has seized.

Trump’s Bitcoin Reserve Plan: $22B in BTC and a Green Light for More!

About 200,000 BTC ($22 billion) that the federal government already owns from criminal or civil forfeitures—aside from those that still need to be given back to crime victims—will be used to establish the reserve. Furthermore, Trump instructed Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent to create budget-neutral plans for acquiring more bitcoin, so long as they don’t result in extra expenses for all Americans.

The executive order establishing the Strategic Bitcoin Reserve does allow the government to purchase more if it can be done in a budget-neutral way. Specifically, if either the Commerce Department or the Treasury Department can figure out how to fund it without adding to the debt, then they are allowed to create those programs,

Sacks

U.S. Eyes More Bitcoin Buys Without Raising Taxes

2025 Bitcoin Strategy: U.s. May Buy More Btc Than Ever Before, Says Crypto Czar

In particular, the crypto czar mentioned funding such purchases with excess funds from other government initiatives. As previously mentioned by analysts at K33, possible budget-neutral measures would involve a revaluation of gold certificates, the sale of IMF special drawing rights, or surpluses from the U.S. Treasury Exchange Stabilization Fund.

The 60-day deadline for the U.S. Treasury’s assessment of the Strategic Bitcoin Reserve passed on May 5, according to a report released by K33 Head of Research Vetle Lunde on Tuesday. No information has been made public as of yet, and traders are keeping a close eye out for any announcements that might be made this week during the main Bitcoin conference.

If we can convince Howard Lutnik or Scott Bessent to buy some, and they can figure out how to fund it without a new tax or without adding to the debt, then we could potentially acquire more bitcoin. I can’t promise anything, but there is a pathway to doing that. The question is just, can we get either the Treasury Department or the Commerce Department to get excited about that? Because if they do and they can figure out how to fund it, they actually do have presidential authorisation ready.

Sacks

For more up-to-date crypto news, you can follow Crypto Data Space.

2025 Bitcoin Strategy: U.s. May Buy More Btc Than Ever Before, Says Crypto Czar
Written by
lectertodd

Lectertodd is 28 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

Leave a comment

Leave a Reply

Related Articles

XRP Price Recovery Signals Potential Rally Toward $3

XRP breaks key $2 level, surges 10%, signaling bullish reversal and potential...

Ethereum Spot ETFs Surpass $4 Billion in Net Inflows Amid Market Uncertainty

Ethereum spot ETFs surpassed $4B net inflows since launch, led by Fidelity’s...

Celestia’s TIA Token Down 92% — Co-Founder Defends Project and Team Commitment

Celestia co-founder Mustafa Al-Bassam defends the project’s long-term viability amid allegations of...

Ethereum and Altcoins Rally as Geopolitical Tensions Ease

Israel-Iran ceasefire sparks a 6% Bitcoin surge and $170B crypto market recovery,...

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.