US Bitcoin Reserve May Never Buy BTC Under Trump, Bitget CEO Says

TLDR

• Bitget CEO Gracy Chen expects no U.S. Bitcoin purchases before President Trump’s current term ends.
• The Strategic Bitcoin Reserve primarily holds BTC obtained by the federal government through asset forfeitures.
• Additional Bitcoin acquisitions must follow budget-neutral strategies that impose no extra costs on American taxpayers.
• The reserve prevents government-held Bitcoin from being sold, reducing one potential source of market supply.
• Chen says legal and budget constraints make direct U.S. government Bitcoin purchases unlikely under Trump.

Bitget CEO Gracy Chen says the U.S. government is unlikely to make direct Bitcoin purchases for its Strategic Bitcoin Reserve during President Donald Trump’s current term, despite its pro-crypto policies.

Bitget CEO Sees Low Chance of Direct Bitcoin Purchases

Chen said the structure of the U.S. Strategic Bitcoin Reserve makes large government purchases unlikely before Trump leaves office. The reserve was established through an executive order signed on March 6, 2025, and initially capitalized with Bitcoin forfeited through criminal and civil cases. 

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