At the recent Bitcoin 2025 conference, White House advisor David Sacks opened the door to a potential increase in the U.S. government's Bitcoin holdings — but only if it can be done without adding to the deficit or raising taxes.
Speaking during a fireside chat with Gemini founders Cameron and Tyler Winklevoss, Sacks said that while no formal plans exist, there is a legal framework that permits further Bitcoin accumulation under specific fiscal conditions. According to Sacks, either the Commerce or Treasury departments would need to find unused funds in existing programs to finance the move in a budget-neutral way.
“If they find a way to do it without new debt or taxes, they already have the authority,” Sacks noted, referring to a presidential executive order issued in March that established a federal crypto reserve and permitted additional purchases under those terms.
The U.S. government currently holds over 198,000 Bitcoin — much of it seized from high-profile criminal cases such as the Silk Road investigation and the Bitfinex hack. The Department of Justice recently received approval to sell those assets, though only a small fraction has been liquidated so far.
Sacks emphasized that any future purchases would depend on political will and fiscal maneuvering, adding that while the possibility exists, it’s far from guaranteed. Still, the idea of the U.S. strategically bolstering its Bitcoin reserves — especially amid rising global interest in crypto — is now on the table.
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