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David Sacks: The United States may hold more Bitcoin, the key is how to convince the Treasury or Commerce Department to provide funds
2025-05-28 06:33:08

Odaily News In a fireside chat at the Bitcoin 2025 conference, White House crypto chief David Sacks told Gemini’s two co-founders that while he “can’t promise anything,” the U.S. government does have a path to buy more Bitcoin if the government can finance the purchase in a “budget-neutral” way without paying taxes or adding to the growing national debt.
“The question is can we get the Treasury Department or Commerce Department excited about this, because if they do, and they can figure out how to fund it, then they actually have authorization from the president,” said David Sacks.