$BTC Bitcoin advocate and jan3 ceo samson mow discusses speculation about the u.s. government's bitcoin holdings and argues that further btc purchases are coming. she estimates that the country currently holds about 112,000 btc or less, stating:

Most likely the US has 112K BTC or less as 95K belongs to Bitfinex and will be returned. The US does not have the 207K to 220K BTC figure that many news sites usually mention. This would put China in pole position with 194K BTC.

His comments come as President Donald Trump pushes for an increase in crypto reserves, having announced on 2 March that the US would build up reserves of major cryptos, including ethereum (ETH), XRP, solana (SOL), and cardano (ADA).

While there are doubts as to whether the US is actively acquiring bitcoin, Mow is confident that purchases will happen. "There will be buying. There are a number of 'budget neutral' ways to acquire bitcoin such as issuing bitcoin bonds or selling gold. Give it time. [Commerce Secretary] Howard Lutnick will sort it out."