Cathie Wood: The US government may directly purchase Bitcoin to bolster national strategic reserves

ChainCatcher reported that ARK Invest founder Cathie Wood stated that the US government may begin directly purchasing bitcoin in the future to bolster the national bitcoin strategic reserves, rather than relying solely on assets seized by law enforcement agencies. In a recent episode of the "Bitcoin Brainstorm" podcast, Wood pointed out that although the Trump administration has established national bitcoin reserves through executive orders, so far the reserves have only come from confiscated BTC and no market purchases have been made. The initial goal was to hold 1 million bitcoins, so I believe they will eventually start buying.

She believes that Trump will continue to attach great importance to cryptocurrency issues under the pressure of the midterm elections, which is favorable for the bitcoin strategic reserves. On one hand, Trump and his family have deepening interests in the crypto industry; on the other hand, the crypto community played a significant role in his presidential election victory. She said: "He doesn't want to be a lame duck president; he wants another one or two productive years in office, and he sees crypto as a path to the future." According to reports, the Trump administration has signed multiple executive orders to establish bitcoin reserves and crypto asset inventories, and has formed a crypto and AI task force led by David Sacks to promote industry legislation, including the GENIUS Act (stablecoin legislation).