Treasury Secretary Scott Bessent confirmed that the government can still expand its Bitcoin (BTC) holdings on 14 August.
Bessent had told reporters during a television interview in the morning that the strategic Bitcoin reserve would remain at the current level.
He said that the reserve would consist of around $ 15 billion to $ 20 billion in Bitcoin that the government is already checking, most of which were seized in criminal cases.
Bessent also indicated that there were no active plans to buy more Bitcoin for the reserve.
Later in the day, however, he placed on social media that the treasury was “dedicated to exploring budget -neutral paths” to add to the reserve, which confirmed the previously known attitude of the government towards accumulation.
Beart did not clarify what a budget -neutral strategy could look like. In tax policy, this usually means finding ways to finance purchases without increasing the federal deficit, such as the liquidation of other assets, re -assigning existing credits or creating income flows to compensate for the costs.
The strategic Bitcoin reserve was founded in March via an executive order signed by President Donald Trump. It is part of a broader effort from the White House to integrate digital assets into the American financial strategy.
Proponents see it as a way to diversify national reserves, offer a cover against inflation and to strengthen the position of the country in the global currency competition. The program is currently based on Bitcoin that has been seized as a basic stock by law enforcement.
Tone change came during a volatile trade session. Bitcoin reached a new record above $ 124,000 at night before he fell back to around $ 117,000 later in the day.
The decrease followed stronger than expected wholesale inflation data, which reduced market expectations that the Federal Reserve could lower interest in September.
The comments from Bessent also come in the midst of leadership changes in the digital activist conducting team of the administration. Earlier this month, Bo Hines, who led the White House Council of Advisors on digital assets and helped with the design of the reserve frame, left his position.
His exit has given rise to speculation about possible adjustments to the scope and timing of the program.
Bitcoin -Market data
At the time of press 23:16 PM UTC on August 14, 2025Bitcoin is on the market capitalization market and the price is down 3.94% In the last 24 hours. Bitcoin has a market capitalization of $ 2.35 trillion With a trade volume of 24 hours $ 107.38 billion. More information about Bitcoin ›
Summary of the Cryptomarkt
At the time of press 23:16 PM UTC on August 14, 2025The total crypto market is appreciated at $ 3.98 trillion With a volume of 24 hours $ 291.54 billion. Bitcoin Dominance is currently up 59.03%. More information about the Cryptomarkt ›
