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This Investor Thinks the United States Could Start Buying Bitcoin in 2026

Bitcoin Magazine
ARK Invest founder Cathie Wood suggests US government buying of Bitcoin for a strategic reserve could begin by 2026, driven by political incentives.

Summary

ARK Invest founder Cathie Wood believes that political dynamics, particularly surrounding the 2026 midterm elections, could prompt the United States to start actively purchasing Bitcoin for a national strategic reserve. Wood argues that cryptocurrency has become a durable political issue for President Donald Trump, incentivizing him to support the industry. While a US BTC reserve was established by executive order during Trump's second term, it has only been capitalized with seized BTC so far, with an original intent to hold one million coins. Wood suggests that the current reticence to buy outright may change, leading to actual purchases. She views this potential government buying as a major market inflection point that would reassert Bitcoin's scarcity value, especially as its supply tightens.

(Source:Bitcoin Magazine)