Scott Bessent, the U.S. Treasury Secretary, has recently made a statement clarifying the Bitcoin ($BTC) strategy. As per Scott Bessent, the treasury buys for the Strategic Bitcoin Reserve will be budget neutral, as the confiscated Bitcoin ($BTC) holdings will be utilized for it.
Bitcoin that has been finally forfeited to the federal government will be the foundation of the Strategic Bitcoin Reserve that President Trump established in his March Executive Order.In addition, Treasury is committed to exploring budget-neutral pathways to acquire more…
— Treasury Secretary Scott Bessent (@SecScottBessent) August 14, 2025
Bessent asserted the need for establishing a Bitcoin reserve while also assuring its budget-neutral nature. Additionally, he also estimated the $15B-$20B as the present reserve valuation, denoting the extent of the assets that are currently in federal holdings.
US Bitcoin Reserve to Just Use Confiscated $BTC Rather Than Using the Budget
Bessent’s interview points out that the Bitcoin strategy of the United States will include the use of confiscated Bitcoin ($BTC) for the Strategic Bitcoin Reserve. Hence, no portion of the budget will be spent on Bitcoin ($BTC) buyouts. In this respect, the budget-neutral strategy will grow Bitcoin ($BTC) holdings without getting anything from taxpayer funds.
Market onlookers consider this to be relatively softer in comparison with the former categorical denial of the government-backed Bitcoin purchases. Thus, a few consider it an optimistic shift in balancing development with the current fiscal responsibility. Additionally, the move significantly contributes to the country’s endeavors to become the top Bitcoin ($BTC) hub.
Bitcoin Claims new ATH of $124K
Apart from that, Bitcoin ($BTC) has also been making notable progress in the meantime, setting a new all-time high (ATH) of $124,457.12 before a dip. However, following the brief consolidation, its price is continuously recovering, with the current level accounting for $118,827. Additionally, the 24-hour volume of Bitcoin also presents a 5.26% increase at $99.98B.
Displaying the same momentum, Solana ($SOL) and Cardano ($ADA) have also been showing remarkable price upswings over the past few days. Currently, they are standing at $195.14 and $0.9215, respectively. Overall, Bessent’s clarification about the Bitcoin reserve and its budget-neutral nature further signifies a positive impact on the market.
