Cathie Wood: U.S. Government May "Directly Purchase" Bitcoin to Bolster National Asset Reserves

Odaily News ARK Invest founder Cathie Wood has stated that the U.S. government may begin directly purchasing Bitcoin in the future to build up a national Bitcoin strategic reserve, rather than relying solely on assets seized by law enforcement.

In a recent episode of the "Bitcoin Brainstorm" podcast, Wood pointed out that although the Trump administration has established a national Bitcoin reserve via executive order, the source of the reserve has so far been limited to confiscated BTC, with no market purchases made yet. "The initial goal is to hold 1 million Bitcoins, so I think they will eventually start buying," Wood said.

She believes that Trump, under the pressure of the midterm elections, will continue to place high importance on cryptocurrency issues, which is favorable for the Bitcoin strategic reserve. On one hand, Trump and his family's interests in the crypto industry are deepening; on the other hand, the crypto community played a significant role in his winning the presidential election.

"He doesn't want to be a 'lame duck president'; he wants to have one or two more productive years in office, and he sees crypto as a path to the future," Wood said.

Reports indicate that the Trump administration has signed multiple executive orders to establish Bitcoin reserves and crypto asset inventories, and has formed a crypto and AI working group led by David Sacks to advance industry legislation, including the GENIUS Act (stablecoin legislation).