The U.S. Department of the Treasury has officially stated that it does not plan to use budget funds to replenish the Strategic Bitcoin Reserve (SBR). This was stated by Treasury Secretary Scott Bessent in an interview with Fox Business. Instead, the government intends to rely on confiscated crypto-assets collected through criminal investigations. Estimates suggest the current reserve already amounts to between $15 billion and $20 billion, based on the market value of confiscated Bitcoin.
This decision was a response to proposals from Senator Cynthia Lummis, who had previously advocated for the purchase of 1 million $BTC over five years. Experts note that avoiding budget funding may reduce pressure on the national debt, which exceeds $35 trillion. At the same time, some analysts are skeptical of this strategy, arguing that it may slow the development of the reserve and leave the U.S. behind other countries in the cryptocurrency race.
The discussion continues, and the government promises to explore budget-neutral ways to expand the reserve. However, there is currently no clear plan, which is causing mixed reactions in the market. This step reflects Washington's cautious approach to integrating Bitcoin into state policy.
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