According to ChainCatcher, VanEck's digital asset head Matthew Sigel stated at the Bitcoin 2025 conference that if the U.S. needs to continue increasing its Bitcoin strategic reserves, it must do so through congressional legislation rather than executive orders. He suggested incorporating Bitcoin mining incentives into the budget reconciliation bill, including providing tax credits for mining companies using methane gas and requiring miners to pay a portion of their mining earnings 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 additional reserves could only be achieved through budget-neutral strategies or asset seizures. Wyoming Senator Cynthia Lummis proposed in July 2024 to convert part of the Treasury's gold certificates into Bitcoin, and President's digital asset advisor Bo Hines also proposed a similar plan in March this year.
