U.S. Treasury mulling potential Bitcoin reserves acquisition, as confirmed by Scott Bessent's recent announcement of a change in stance
The U.S. Treasury is actively investigating innovative, budget-neutral approaches to increase the Strategic Bitcoin Reserve (SBR), a digital asset stockpile established in March 2025. The initial Bitcoin holdings, approximately 198,000 BTC, were primarily acquired through civil and criminal asset forfeitures.
According to Treasury Secretary Scott Bessent, the government will not purchase Bitcoin outright, but it remains committed to exploring budget-neutral pathways to grow the reserve. Potential methods could involve repurposing seized assets or other non-expenditure strategies.
The BITCOIN Act of 2025 proposes acquiring up to 1 million BTC over five years using budget-neutral methods, meaning acquisitions would not require new appropriations or direct purchases with public funds.
The SBR is intended as a long-term strategic asset to hedge against inflation and fiat currency devaluation, managed with institutional custody standards.
Former White House Crypto Council Executive Director Bo Hines confirmed that plans for the Bitcoin Reserve remain underway. In a recent interview, Bessent stated that the Treasury would use confiscated assets to continue building up the SBR.
Discussions around the U.S. Strategic Bitcoin Reserve continue, with market observers and policymakers keeping a close watch on its development. Bitcoin's unique role within the framework was emphasized by Bo Hines.
It's important to note that readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
Bessent's remarks sparked widespread discussion and reactions across online platforms. While the U.S. Bitcoin Reserve's growth strategies are being refined, it's clear that the government is committed to exploring innovative ways to leverage digital assets as part of its financial strategy.
[1] Executive Order 14096, March 2025 [2] The BITCOIN Act of 2025 [3] Treasury Department press release, March 2025 [4] Bessent's post on Medium, April 2025 [5] CoinMarketCap data, May 2025 (Bitcoin declined 3.4% over the past 24 hours)
The Treasury Department plans to utilize confiscated assets to grow the Strategic Bitcoin Reserve (SBR), as suggested by Treasury Secretary Scott Bessent. This method is being considered as a part of budget-neutral approaches, as stipulated in the BITCOIN Act of 2025.
