Cathie Wood Expects US to Begin Direct Bitcoin Purchases for National Reserves

According to reports from The Block, Cathie Wood—founder and CEO of ARK Invest—anticipates that the US federal government will transition from acquiring Bitcoin through asset seizures to actively purchasing the digital asset as part of its national strategic reserve initiative. Speaking on recent developments, Wood outlined her perspective on how this shift aligns with broader policy objectives established through executive order.

The Evolving Government Bitcoin Strategy

The foundation for this national strategic Bitcoin reserve was laid through executive order early in the Trump administration’s term, with an initial accumulation target set at 1 million BTC. To date, the government has primarily obtained these holdings through legal asset confiscation and seizures. However, Wood suggests that direct market purchases may soon become a central component of the strategy, representing a significant shift in how the government builds its cryptocurrency reserves.

Political Motivation Behind the Reserve Initiative

Cathie Wood’s analysis points to the intertwining of political calculation and policy implementation. As Trump’s administration seeks to maintain influence over both political discourse and the cryptocurrency industry’s electoral relevance, the decision to initiate direct Bitcoin purchases could serve multiple objectives simultaneously. Wood contends that the administration views the expansion of the national Bitcoin reserve not merely as a financial asset accumulation strategy, but as a demonstration of commitment to the crypto sector—a constituency that played a notable role in recent electoral campaigns.

What This Means for Markets and Industry

If the US government begins direct Bitcoin purchases at scale, the implications could extend beyond policy into broader market dynamics. Such purchases would represent an institutional-level demand signal that could influence Bitcoin’s price trajectory and reinforce the narrative of cryptocurrencies as legitimate stores of national wealth. Wood’s observations highlight how government monetary policy and cryptocurrency adoption are increasingly converging, with Bitcoin potentially assuming a role comparable to traditional reserve assets like gold.