Proposed U.S. Bitcoin Reserve: A Budget-Friendly Acquisition Plan

In the United States, there is a possibility of increasing the government’s Bitcoin reserves with support from the White House and approval from relevant agencies. This was stated by David Sachs, a special advisor to Donald Trump on AI and cryptocurrencies, during the Bitcoin 2025 conference.

According to Sachs, the government will consider purchasing new coins if it can identify funding sources without imposing new taxes or increasing national debt. He noted that this scenario could be feasible through the reallocation of already allocated resources.

Senator Cynthia Lummis announced at the same conference that Trump has endorsed the BITCOIN Act, which proposes the acquisition of 1 million BTC over five years.

She reminded attendees that the purchase of Bitcoin is expected to utilize funds that are already available within the Federal Reserve and the Department of the Treasury. This approach would prevent an increase in budgetary expenditures and tax burdens.

Lummis stated that the Trump administration is working on three key legislative proposals: regulations concerning stablecoins (the GENIUS Act), market structure, and the establishment of a Bitcoin reserve.

Sachs added that the stablecoin legislation is highly likely to receive Senate approval following procedural voting that has already taken place.

Lummis remarked that discussions surrounding the GENIUS Act have been some of the most challenging in her years of work. She explained that her team had to engage in lengthy negotiations with co-sponsor Kirsten Gillibrand.

Senator Bill Hagerty pointed out that discussions have been prolonged due to opposition from Elizabeth Warren. He added that gaining Senate approval for measures has become significantly more difficult than in the past.

Lummis emphasized the increasing difficulty of legislative work, stating:

_»It feels as if the committee has forgotten how to make decisions — it’s challenging both mentally and professionally.»_

However, she remains optimistic that the Senate can establish collaboration with the House of Representatives for future cryptocurrency market regulations.

It’s worth noting that in May, Sachs predicted a rise in interest in government bonds following the passage of the GENIUS Act.