ProCap BTC founder Anthony Pompliano stated that the White House will eventually announce that it has spent money to purchase Bitcoin. (Background: The “new version” of the U.S. legislation to reserve 1 million Bitcoins highlights: allowing the purchase of BTC with gold and forex funds, and prohibiting sales for 20 years…) (Context: The U.S. Congress will hold a meeting to promote the “Bitcoin Act,” where Republicans and the crypto industry push for the purchase of 1 million BTC over five years.) Has the U.S. government secretly hoarded Bitcoin, waiting for the right moment to reveal it? In a recent CNBC interview, ProCap BTC founder Anthony Pompliano stated: “The White House will eventually announce that the government has bought Bitcoin and put this asset into its strategic reserves.” Anthony Pompliano says, “The U.S. government will announce at some point that they are buying #Bitcoin” pic.twitter.com/X9TQbHx0cW — Bold Bitcoin (@BoldBitcoin) October 5, 2025 Strategic Bitcoin Reserve: Budget Neutral Principle Back in March this year, shortly after President Trump took office, he signed an executive order declaring Bitcoin a strategic asset on par with gold, establishing a Bitcoin Strategic Reserve, leading to the birth of the SBR. However, the initial reserves of the SBR did not come from Bitcoin purchased on the open market but were directly transferred from the U.S. Department of Justice and the IRS's years of accumulated confiscated assets, totaling about 200,000 BTC, directly into the SBR. At that time, the White House emphasized that the SBR primarily adopts the “budget neutral” principle, meaning that no new funds would be used for purchases but rather asset swaps and reinvestment of earnings would be employed to expand the reserves, minimizing the burden on federal debt. However, Pompliano believes that the U.S. already possesses the funds and motivation for “buying first and revealing later,” and once the government discloses its holdings, it will further increase the willingness of global institutions and sovereign nations to allocate Bitcoin. The Bitcoin Act is Key As of now, we still do not know whether the U.S. government has spent funds to purchase Bitcoin, but it is worth noting that whether the U.S. government will publicly purchase Bitcoin in the future will depend on the resolution of a piece of legislation: the Bitcoin Act. In mid-September this year, the U.S. Congress officially held a meeting to advance the Bitcoin Strategic Reserve Act, gathering several Republican members from both the Senate and House, along with crypto industry leaders, to garner support for the vision of the U.S. government acquiring one million Bitcoins within five years and creating a “Strategic Bitcoin Reserve (SBR).” This meeting was primarily to rally support for Senator Cynthia Lummis's “Bitcoin Act” proposed in March this year. The legislation aims to promote Bitcoin as a national reserve asset of the United States, allowing the government to spend real money to actively purchase 1 million Bitcoins. According to the legistation, these Bitcoins will be stored in multiple, heavily secured Cold Wallets, held for at least 20 years, and the sale limit within two years cannot exceed 10% of the total reserves, in order to maintain the integrity of the reserves. Although the bill has received support from the industry and Republicans, it still needs to bridge the bipartisan divide. Lummis admitted in a media interview that garnering support from Democratic allies “will not happen overnight.” Related Reports Wall Street warns: Gold at $4,000 proves the de-dollarization trend is brewing, buying Bitcoin as a hedge against “devaluation trades” is on the rise Bitcoin hits historic new highs, what is the “currency devaluation trade” that is hotly debated in the market? The era of stablecoins has arrived; is the dream of Bitcoin becoming a “global currency” still possible? This article was first published in BlockTempo, the most influential blockchain news media.
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ProCap BTC founder Anthony Pompliano: The United States will announce in the future that it has invested in purchasing Bitcoin.
ProCap BTC founder Anthony Pompliano stated that the White House will eventually announce that it has spent money to purchase Bitcoin. (Background: The “new version” of the U.S. legislation to reserve 1 million Bitcoins highlights: allowing the purchase of BTC with gold and forex funds, and prohibiting sales for 20 years…) (Context: The U.S. Congress will hold a meeting to promote the “Bitcoin Act,” where Republicans and the crypto industry push for the purchase of 1 million BTC over five years.) Has the U.S. government secretly hoarded Bitcoin, waiting for the right moment to reveal it? In a recent CNBC interview, ProCap BTC founder Anthony Pompliano stated: “The White House will eventually announce that the government has bought Bitcoin and put this asset into its strategic reserves.” Anthony Pompliano says, “The U.S. government will announce at some point that they are buying #Bitcoin” pic.twitter.com/X9TQbHx0cW — Bold Bitcoin (@BoldBitcoin) October 5, 2025 Strategic Bitcoin Reserve: Budget Neutral Principle Back in March this year, shortly after President Trump took office, he signed an executive order declaring Bitcoin a strategic asset on par with gold, establishing a Bitcoin Strategic Reserve, leading to the birth of the SBR. However, the initial reserves of the SBR did not come from Bitcoin purchased on the open market but were directly transferred from the U.S. Department of Justice and the IRS's years of accumulated confiscated assets, totaling about 200,000 BTC, directly into the SBR. At that time, the White House emphasized that the SBR primarily adopts the “budget neutral” principle, meaning that no new funds would be used for purchases but rather asset swaps and reinvestment of earnings would be employed to expand the reserves, minimizing the burden on federal debt. However, Pompliano believes that the U.S. already possesses the funds and motivation for “buying first and revealing later,” and once the government discloses its holdings, it will further increase the willingness of global institutions and sovereign nations to allocate Bitcoin. The Bitcoin Act is Key As of now, we still do not know whether the U.S. government has spent funds to purchase Bitcoin, but it is worth noting that whether the U.S. government will publicly purchase Bitcoin in the future will depend on the resolution of a piece of legislation: the Bitcoin Act. In mid-September this year, the U.S. Congress officially held a meeting to advance the Bitcoin Strategic Reserve Act, gathering several Republican members from both the Senate and House, along with crypto industry leaders, to garner support for the vision of the U.S. government acquiring one million Bitcoins within five years and creating a “Strategic Bitcoin Reserve (SBR).” This meeting was primarily to rally support for Senator Cynthia Lummis's “Bitcoin Act” proposed in March this year. The legislation aims to promote Bitcoin as a national reserve asset of the United States, allowing the government to spend real money to actively purchase 1 million Bitcoins. According to the legistation, these Bitcoins will be stored in multiple, heavily secured Cold Wallets, held for at least 20 years, and the sale limit within two years cannot exceed 10% of the total reserves, in order to maintain the integrity of the reserves. Although the bill has received support from the industry and Republicans, it still needs to bridge the bipartisan divide. Lummis admitted in a media interview that garnering support from Democratic allies “will not happen overnight.” Related Reports Wall Street warns: Gold at $4,000 proves the de-dollarization trend is brewing, buying Bitcoin as a hedge against “devaluation trades” is on the rise Bitcoin hits historic new highs, what is the “currency devaluation trade” that is hotly debated in the market? The era of stablecoins has arrived; is the dream of Bitcoin becoming a “global currency” still possible? This article was first published in BlockTempo, the most influential blockchain news media.