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US Treasury Secretary Scott Bessent signaled a potential expansion of federal Bitcoin Holdings and opened the door for the strategic Bitcoin reserve to grow further than the obtained assets acquired via epileptic seizures.
The Minister of Finance of the United States is in the news today after he confirmed That the reserves, which have been established under the executive Order of President Trump, can also grow due to strategic acquisitions. Originally these reserves were considered to be supported by only Bitcoin forfeited.
He said,
“Bitcoin, which is finally forfeited to the federal government, will form the basis of the strategic Bitcoin reserve that President Trump founded in his implementation order in March.”
He added,
“Moreover, Treasury is dedicated to exploring budget-neutral paths to acquire more Bitcoin to expand the reserve and to carry out the promise of the president to make the Bitcoin compensation of the world.”
However, that is not all, because officials also investigate budget -neutral strategies. These include refilling agents or the use of forfeited assets, expanding the reserves without new congress financing and balancing national objectives with tax discipline.
Markt experts believe that this strategy can give the strategic Bitcoin reserve a solid foundation. It will also enable the US to act quickly on price changes and to seize opportunities.
A timely coincidence?
The reversal of Bessent, which comes less than a day after excluding direct Bitcoin purchases, is a sign of how quickly the American digital activist policy can shift. However, it is worth pointing out that he has also reassured investors that acquisitions will be intentional and are tailored to economic goals.
Founded under the Executive Order of President Trump, the reserve started with $ 15 – $ 20 billion in Bitcoin seized by law enforcement. The latest plans are indicative of both the dominance of the crypto and the intention of the administration to anchor the strategy to the most recognized cryptocurrency.
Although it is currently only bitcoin, officials weigh the recording of Ethereum [ETH]Solana [SOL]XRP and Cardano [ADA] As part of a broader plan.
In fact, Crypto adviser David Sacks from the White House confirmed that Bessent and Commerce Secretary Howard Lutnick are investigating ways to grow Bitcoin Holdings, without the costs of the taxpayer. This is expected to ensure that every expansion remains transparent, tax -responsible and strategically focused.
What is the rest of the world planning?
For his part, the price of Bitcoin was up to around $ 119,000 from $ 124,000, at the time of press, after the policy -oriented announcement of Bessent. This can be seen as a sign of caution on investors, especially because they are waiting for further developments.
In the meantime, other countries are increasingly seeing BTC as a strategic reserve active.
Indonesia, led by the vice -president’s office, is considering adding Bitcoin to diversify reserves, to cover itself against inflation and to reduce dependence on the US dollar.
Brazil can follow soon, with its representatives of the delegates to debate a bill on creating a National Bitcoin reserve in a hearing planned for August 20.