The global cryptocurrency market has unexpectedly seen a "national whale"! The Trump administration is brewing a plan that could rewrite history—stockpiling one million Bitcoins within five years. If the bill is enacted, the U.S. will become the first super player to incorporate Bitcoin into its national strategic reserves, and a financial shadow war has quietly begun...
The U.S. currently has about 200,000 Bitcoin reserves, over 90% of which comes from the judicial seizure of assets from criminal cases such as the dark web and ransomware. In March 2025, Trump signed an executive order defining it as a "strategic Bitcoin reserve," promising never to sell, directly aligning it with the strategic status of gold reserves.
These Bitcoins are stored in top-security facilities regulated by the U.S. Treasury, using military-grade encryption technology, claiming that "even Satoshi Nakamoto cannot crack it." Officials revealed that the storage keys are divided into three parts, each controlled by the top levels of the Department of Defense, Treasury, and Justice.
According to the executive order, the U.S. government will continue the principle of "budget neutrality": not spending a dime of taxpayer money, increasing Bitcoin holdings through ongoing asset seizures from criminal activities and accepting corporate tax offsets. Currently, the U.S. confiscates about $3 billion worth of cryptocurrency annually.
Senator Lummis's proposed (Bitcoin Strategic Reserve Act) is even bolder: it requires the Treasury to purchase one million Bitcoins (currently valued at approximately $800 billion) within five years, averaging 547 coins per day. If this proposal passes, the U.S. government's holdings will exceed 5% of the current circulating supply, directly controlling Bitcoin pricing power.
Twenty states in the U.S. have passed (Bitcoin Reserve Acts), allowing the use of budget surpluses, land funds, and other public funds to purchase Bitcoin. Texas took the lead, investing 10% of its oil revenue into Bitcoin; Wyoming even plans to pay civil servants' salaries in Bitcoin. The crazy support from local governments could inject purchasing power of 247,000 Bitcoins (approximately $23 billion) into the market.
On the day the news was announced, Bitcoin prices experienced extreme volatility: plunging from $100,000 to $83,000, then quickly rebounding to $87,000. The market fears that the U.S. government becoming a "super dealer" may lead to market manipulation through policy. However, more investors believe that the entry of the national team will significantly enhance Bitcoin's legal status, bullish in the long term to $200,000.
The actions of the United States have triggered a chain reaction:
- El Salvador announces it will double its Bitcoin reserves to 5,000 coins
- Russia considers purchasing Bitcoin with confiscated Western assets
- China's central bank digital currency research institute urgently convenes a closed-door meeting
This national-level Bitcoin competition is essentially a struggle for the discourse power between the dollar hegemony and the cryptocurrency system. When former Federal Reserve Chairman Alan Greenspan stated that "Bitcoin could replace part of the gold reserves," the traditional financial order had already begun to waver.
If the U.S. truly achieves a million Bitcoin reserve, it would equivalent to controlling a "cryptocurrency nuclear arsenal" valued at $8 trillion. However, this gamble also hides risks—Bitcoin's volatility far exceeds that of gold, and policy missteps could trigger systemic risks. When the national machinery personally intervenes, the cryptocurrency market may usher in its most frenzied chapter.
Investment carries risks; proceed with caution.#加密市场反弹
