The White House’s AI and Cryptocurrency Czar, David Sacks, has indicated that the U.S. government may consider acquiring more Bitcoin. However, Sacks emphasized that such purchases would need to be financed through a budget-neutral approach, avoiding new taxes or increases in national debt, as reported by Cointelegraph on Wednesday.
During a panel discussion at the Bitcoin 2025 conference with Gemini co-founders Cameron and Tyler Winklevoss, Sacks stated that if he can persuade Commerce Secretary Howard Lutnik or Treasury Secretary Scott Bessent to reallocate funds from other programs, the government could potentially increase its Bitcoin holdings. This statement aligns with an executive order signed by President Donald Trump on March 6, which permits the government to retain Bitcoin obtained through criminal or civil asset forfeitures as part of its cryptocurrency reserves.
A recent CoinGecko report from April reveals that the U.S. currently possesses 198,012 BTC, valued at approximately 21 billion USD. A substantial portion of this holding was acquired through two major seizures linked to the infamous darknet market, Silk Road.
Furthermore, in January 2022, the U.S. government confiscated an additional 94,636 BTC from Ilya Lichtenstein, a suspect in the Bitfinex hack.