#数字资产市场动态 The crypto circle is once again in turmoil. A well-known crypto investor recently made a bold prediction: the US government might change its approach, no longer relying solely on Bitcoin confiscated by law enforcement to serve as national reserves, but instead directly purchasing from the market with real money to supplement Bitcoin strategic reserves.

There is a realistic basis for this. In March 2025, the Trump administration already signed an executive order planning to establish a Bitcoin strategic reserve with a target of 1 million coins. But the problem is, after more than half a year, there has been no market purchase, only counting on confiscations by law enforcement.

Why change the approach now? Analysts believe there are two core drivers: first, the mid-term elections in 2026 are imminent, and there is a need to stabilize support from the crypto community; second, to maintain government credibility and avoid becoming a "lame duck." But there is a hard constraint—must be "budget neutral," preventing the fiscal deficit from exploding. The White House's current plan is to raise funds through tax reform, but no specific timetable or funding source has been provided, and the US Treasury has made no official statement.

If market purchases are truly promoted, it could trigger a chain reaction—other sovereign nations around the world might follow suit and establish Bitcoin reserves, potentially reshaping expectations of the monetary system. However, it’s important to note that this is only speculative analysis and does not represent official intentions. Ultimately, it will depend on the attitudes of Congress and regulatory agencies.