📰 US government unlikely to buy Bitcoin for strategic reserve, Bitget CEO says
🗓️ Aug 21 2026 14:07 UTC - Editorial Team
➤ The US government's Strategic Bitcoin Reserve is unlikely to expand through open-market purchases before the end of President Trump's term, according to Bitget CEO Gracy Chen.
➤ The reserve is currently limited to forfeited Bitcoin from criminal and civil proceedings, with no taxpayer funds allocated for acquisition.
➤ While the prohibition on sales reduces supply-side uncertainty, open-market purchases would require significant legislative and public debate, which has not gained traction.
#bitcoin #usgovernment #strategicreserve #bitgetceo #gracychen #executiveorder #forfeitedcoins #openmarketpurchases #assetproceedings #taxpayerfunds
🔗 Read more at: https://rwatimes.io/articles/cryptobriefing-us-government-unlikely-to-buy-bitcoin-for-strategic-reserve-bitget-ceo-says-152841278
/ RWATimes
npub1r6…jxrkh
2026-09-10 12:07:02 UTC
Author Public Key
npub1r6s7yz2fjd70eke5uttfx0emeu6ce9neszmczlfy2wwwdaftvw2sejxrkhSeen on
wss://relay.damus.ioPublished at
2026-09-10 12:07:02 UTCEvent JSON
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"content": "📰 US government unlikely to buy Bitcoin for strategic reserve, Bitget CEO says\n🗓️ Aug 21 2026 14:07 UTC - Editorial Team\n\n➤ The US government's Strategic Bitcoin Reserve is unlikely to expand through open-market purchases before the end of President Trump's term, according to Bitget CEO Gracy Chen.\n➤ The reserve is currently limited to forfeited Bitcoin from criminal and civil proceedings, with no taxpayer funds allocated for acquisition.\n➤ While the prohibition on sales reduces supply-side uncertainty, open-market purchases would require significant legislative and public debate, which has not gained traction.\n\n#bitcoin #usgovernment #strategicreserve #bitgetceo #gracychen #executiveorder #forfeitedcoins #openmarketpurchases #assetproceedings #taxpayerfunds\n\n🔗 Read more at: https://rwatimes.io/articles/cryptobriefing-us-government-unlikely-to-buy-bitcoin-for-strategic-reserve-bitget-ceo-says-152841278",
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