According to PANews, David Sacks, the head of artificial intelligence and cryptocurrency affairs at the U.S. White House, discussed potential government strategies for acquiring more Bitcoin at the Bitcoin 2025 conference. Sacks emphasized that while he cannot make any promises, there are avenues for the U.S. government to purchase additional Bitcoin. He noted that if the acquisition could be funded in a 'budget-neutral' manner, without imposing taxes or increasing the national debt, it would be feasible for the government to proceed with such purchases.
Sacks highlighted the importance of gaining the interest of the Treasury or Commerce Department in this initiative. He stated that if these departments become enthusiastic about the idea and can devise a funding strategy, they would effectively have the authorization from U.S. President Donald Trump to move forward with the acquisition.
