David Sacks Discusses U.S. Bitcoin Acquisition Strategy at 2025 Conference – Coincu

David Sacks, White House crypto czar, addressed the potential for U.S. Bitcoin acquisition during the Bitcoin 2025 conference in Las Vegas from May 27-29.

His proposal carries economic implications, aiming to boost U.S. financial leverage without added debt.

Key Developments, Impact, And Reactions

David Sacks, at the Bitcoin 2025 conference, outlined a strategy for the U.S. government to acquire more Bitcoin, contingent on support from the Treasury or Commerce Department. The plan involves a budget-neutral approach, avoiding new taxes or increased national debt. President Trump authorized this potential acquisition, with interest expressed by the Winklevoss brothers. Market reactions are mixed, as stakeholders assess implications for Bitcoin’s market value.

“The question is, can we get either the Treasury Department or the Commerce Department to get excited about that because if they do and they can figure out how to fund it, they actually do have presidential authorization.” – David Sacks

“The question is, can we get either the Treasury Department or the Commerce Department to get excited about that because if they do and they can figure out how to fund it, they actually do have presidential authorization.” – David Sacks

Bitcoin Value Soars to $108,989.64 Amid U.S. Interest

Did you know? The concept of a “Crypto Strategic Reserve” appears novel, reflecting a significant U.S. governmental shift towards digital assets since Trump’s executive order prioritizing them.

Bitcoin’s market data as of May 28, 2025, indicates a current price of $108,989.64 with a market cap of $2.17 trillion. The 24-hour trading volume reached $52.43 billion, observing a 6.24% change. Price trends show a 30-day increase of 15.08% and a 90-day growth of 26.10%, per CoinMarketCap.

Coincu research anticipates that U.S. Bitcoin purchasing could influence global digital asset markets, heightening regulatory scrutiny. Long-term, this could solidify Bitcoin’s role as a strategic reserve asset, impacting financial stability and technological advancements.