The US government has already seized 328,000 Bitcoins, worth over $30 billion. These primarily originate from the Silk Road, Bitfinex hack, and the record-breaking seizure (nearly 130,000 Bitcoins) in October 2025 from Chen Zhi's Prince Group.
💬Cathie Wood (@CathieDWood): The US government may "directly buy" Bitcoin to bolster its national strategic reserves
ARK Invest founder Cathie Wood stated that the US government may begin directly purchasing Bitcoin to bolster its national strategic Bitcoin reserves, rather than solely relying on assets seized by law enforcement.
In a recent episode of the "Bitcoin Brainstorm" podcast, Wood pointed out,
"Although the Trump administration has established a national Bitcoin reserve through executive order, so far the reserve's source has been limited to seized Bitcoins, without any market purchases of 1 million Bitcoins. So I think they will eventually start buying," Wood said. She believes that Trump's continued focus on cryptocurrency under midterm election pressure is beneficial 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 presidential victory.
"He doesn't want to be a 'lame duck president,' he wants one or two more productive years in office, and he sees crypto as a path to the future," Wood said.
The report states that the Trump administration has signed several executive orders establishing a Bitcoin reserve and a crypto asset inventory, and formed a crypto and AI working group led by David Sacks to promote industry legislation, including the GENIUS Act (stablecoin legislation).