Crypto czar Sacks says US could possibly ‘acquire more Bitcoin’

May 28, 2025

, By Cointelegraph

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White House AI and crypto czar David Sacks says the US could buy more Bitcoin if the government can fund the purchase in a “budget-neutral” way without a tax or adding to the growing national debt.

Sacks data-ct-non-breakable=”null” href=”https://www.youtube.com/watch?v=3e3KE40r_WM” title=”null”>told Gemini co-founders Cameron and Tyler Winklevoss during a May 27 fireside chat at the data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/bitcoin-2024-conference-sparked-30-btc-price-crash-bulls-escape-this-year” title=”null”>Bitcoin 2025 conference that while he “can’t promise anything,” a pathway does exist for the government to buy more Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” title=”null”>BTC).

However, it would require convincing Commerce Secretary Howard Lutnick or Treasury Secretary Scott Besson to OK the buy and…

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Crypto czar Sacks says US could possibly ‘acquire more Bitcoin’

May 28, 2025

, Published By Cointelegraph

White House AI and crypto czar David Sacks says the US could buy more Bitcoin if the government can fund the purchase in a “budget-neutral” way without a tax or adding to the growing national debt.

Sacks data-ct-non-breakable=”null” href=”https://www.youtube.com/watch?v=3e3KE40r_WM” title=”null”>told Gemini co-founders Cameron and Tyler Winklevoss during a May 27 fireside chat at the data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/bitcoin-2024-conference-sparked-30-btc-price-crash-bulls-escape-this-year” title=”null”>Bitcoin 2025 conference that while he “can’t promise anything,” a pathway does exist for the government to buy more Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” title=”null”>BTC).

However, it would require convincing Commerce Secretary Howard Lutnick or Treasury Secretary Scott Besson to OK the buy and…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Trump’s media firm launches $2.5b bitcoin investment plan

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Apple’s App Store still in violation of DMA, has 30 days to comply

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