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U.S. Confirms Pathway to Expand Bitcoin Reserves Under Strict Conditions News ETHNews

Summary by ethnews.com
David Sacks confirmed U.S. presidential authorization exists to acquire more Bitcoin, strictly requiring budget-neutral funding without new debt or taxes. The existing 200,000 BTC reserve came from seized assets; new buys need surplus funds or private deals meeting neutrality rules. David Sacks, the U.S. Presidential Adviser on crypto assets, confirmed a potential path for the federal government to acquire more Bitcoin. Sacks stated this acquisi…
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ethnews.com broke the news in on Monday, June 2, 2025.
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