Shortly after taking office, US President Donald Trump signed an executive order in March 2025 outlining a US National Bitcoin (BTC) Reserve. Trump also instructed officials to explore ways to purchase Bitcoin without imposing a tax burden.
However, while the US hasn’t made any BTC purchases since then, Cathie Wood said the US government could begin buying Bitcoin for its national reserve.
Speaking on the Bitcoin Brainstorm podcast, Ark Invest CEO Cathie Wood predicted that the US government could eventually buy BTC as part of its strategic reserve.
Wood states that the US government’s initial goal is to accumulate one million BTC.
Wood stated that there is a high probability that the government will directly purchase Bitcoin, arguing that the issue of BTC reserves is a very important political issue for President Trump before the midterm elections.
Wood added that the BTC reserve issue is one way for Trump to achieve fruitful results in the second half of his term.
“The US strategic Bitcoin reserve currently consists mostly of seized assets.”
And so far, there has been no official market purchase at the US government level. However, the policy focus may shift from using seized Bitcoin to directly supplying it from the market.”
The renowned bull also recently drew attention to Bitcoin’s changing status.
Wood, stating that Bitcoin is a strategic asset for governments, said, “I believe Bitcoin can become a national reserve asset like gold.”
Wood stated that the US could set an example for many countries, saying, “If the US starts buying BTC and building up reserves, it will be a catalyst for other countries to join in.”
*This is not investment advice.