U.S. Government's Chances of Buying Bitcoin Before Trump Leaves Office Are 'Close to Zero'

Bitget CEO Gracy Chen believes it's highly unlikely that the U.S. government will buy Bitcoin for its strategic reserve before President Donald Trump leaves office.

In an interview, Chen stated from a policy perspective, buying Bitcoin would require a more substantial decision than retaining assets already controlled by the government.

The Treasury Department is responsible for maintaining custodial accounts for Bitcoin that has been forfeited through criminal or civil proceedings. However, President Trump's executive order in March 2025 prohibits selling any of these assets.