According to ChainCatcher, Matthew Sigel, the head of digital assets at VanEck, stated at the Bitcoin 2025 conference that if the U.S. needs to continue increasing its Bitcoin strategic reserves, it must do so through the legislative process in Congress rather than through executive orders. He suggested incorporating Bitcoin mining incentives into the budget reconciliation bill, including tax credits for mining companies using methane gas, and requiring miners to remit a portion of their mining proceeds to the government.
Currently, the U.S. government holds nearly 200,000 Bitcoins. When President Trump established this reserve through an executive order on March 7, it stipulated that any additional reserves could only be achieved through budget-neutral strategies or asset forfeiture. Wyoming Senator Cynthia Lummis proposed in July 2024 to convert a portion of the Treasury's gold certificates into Bitcoin, and President's digital asset advisor Bo Hines also proposed a similar plan this March.
