Speculation that the U.S. government is preparing to buy large amounts of Bitcoin has no grounding in current policy or official planning. The rumor gained traction after comments from financial television personality Jim Cramer suggested federal Bitcoin purchases could occur at lower price levels, but government officials have made clear that no such action is under consideration.
At the center of the confusion is the Strategic Bitcoin Reserve, an initiative established in 2025 that directs the federal government to retain digital assets seized through law enforcement actions rather than immediately liquidating them. The reserve was designed to formalize custody of confiscated cryptocurrency, not to function as a market intervention tool.
Treasury officials have emphasized that the government has no plans to purchase Bitcoin on the open market. Any Bitcoin held by the reserve will come solely from forfeitures tied to criminal or civil cases. There is no authorization to use taxpayer funds to acquire digital assets, nor is there political support for doing so.
Federal policymakers have also rejected the idea of a government backstop for Bitcoin prices during periods of volatility. Officials note that intervening in crypto markets would exceed existing legal authority and contradict the government’s longstanding position of allowing digital asset markets to operate independently.
In short, while the U.S. government will continue to hold Bitcoin obtained through enforcement actions, the notion that Washington is poised to step in as a buyer is unfounded. The rumor reflects market speculation rather than policy reality, and investors should not expect federal intervention to support Bitcoin prices.