The US government accelerates Bitcoin strategic reserves, launching a new round of policy deployment

Ark Invest founder Cathie Wood recently analyzed and pointed out that the U.S. government is accelerating its Bitcoin strategic reserve plan. Currently, the reserves mainly come from seized assets by law enforcement agencies, but it is very likely that the official will enter a new phase—directly purchasing Bitcoin to strengthen the national asset portfolio.

Reserve Dilemma: From Passive Accumulation to Active Deployment

How is the U.S. government’s Bitcoin reserve formed at this stage? Cathie Wood pointed out that it mainly comes from crypto assets confiscated during judicial enforcement processes. However, this passive model can no longer meet strategic goals. It is reported that the original plan was to hold about 1 million Bitcoins. Driven by this goal, the U.S. government will soon initiate an active procurement plan.

This shift reflects policymakers’ re-recognition of the strategic value of cryptocurrencies. Moving from passive accumulation to active acquisition means that crypto assets are officially incorporated into national-level asset allocation considerations.

Political Chips: Why the Trump Administration Supports Cryptocurrency

Supporting the U.S. government’s decision are not only economic considerations but also complex political calculations. Cathie Wood pointed out that cryptocurrencies have become “political capital” for the Trump regime.

Facing the upcoming midterm elections, if the Republicans suffer setbacks, Trump will face the risk of “power weakening.” To maintain governance advantages, Trump needs to consolidate support through achievements and political mobilization. The crypto community is an important voting bloc for them—political action committees like “Stand With Crypto” have made substantial donations in elections across the U.S., and many industry leaders personally support Trump’s campaign.

Furthermore, the Trump family’s interests in the cryptocurrency field are deepening, further reinforcing this policy tilt. Cathie Wood believes Trump is reluctant to become a “leader whose power is sidelined,” and therefore views cryptocurrencies as a means to realize his political ambitions.

White House and Industry: “Mutually Beneficial Symbiosis”

The interaction between the U.S. government and the cryptocurrency industry has noticeably intensified. Industry giants’ participation exceeds expectations—companies like Coinbase, Tether, and Ripple even contributed funds to help renovate the White House’s new banquet hall, symbolizing a deepening relationship.

The Trump administration also responded substantively. In addition to signing an executive order to establish Bitcoin strategic reserves, it also formed a working group led by well-known venture capitalist and AI and crypto policy advocate David Sacks. The establishment of this cross-departmental team indicates that the U.S. government has incorporated cryptocurrencies into an official policy decision-making framework.

Regulation and Taxation: The Next Policy Agenda

In addition to reserve deployment, Cathie Wood expects the U.S. government to introduce a series of supporting measures. The most critical is the establishment of a “Stablecoin Regulatory Framework”—legislation such as the GENIUS Act is underway, aiming to provide clear legal grounds for stablecoin transactions.

Equally important are adjustments to tax policies. The U.S. government is expected to “ensure” that small-scale cryptocurrency transactions receive tax exemptions, such as exempting capital gains tax on daily payment transactions. This measure aims to lower the usage threshold and promote cryptocurrencies to truly integrate into the civilian payment system, rather than remaining solely as investment assets.

Behind this series of policy layouts, the U.S. government is repositioning the strategic role of cryptocurrencies—from marginal assets to national reserves, from speculative tools to payment infrastructure.