Cathie Wood Predicts U.S. Could Buy 1 Million Bitcoin for Strategic Reserve
Cathie Wood, CEO of ARK Invest, reignited a long-standing debate over whether the US could establish a strategic Bitcoin reserve.
Quick overview
- Cathie Wood, CEO of ARK Invest, advocates for the US government to establish a strategic Bitcoin reserve, suggesting it should purchase Bitcoin to enhance its holdings.
- Currently, the US Treasury holds 198,000 BTC seized from criminals, making it the largest publicly held crypto asset by any government.
- Wood highlights that the original plan was for the government to own a million Bitcoins, and she believes they will eventually start buying more.
- She also notes that the Trump administration's previous support for cryptocurrency initiatives may influence future government involvement in the digital asset market.
Cathie Wood, CEO of ARK Invest, reignited a long-standing debate over whether the US could establish a strategic Bitcoin reserve. Her suggestion that the federal government would do well to purchase Bitcoin to boost its holdings actively has gotten a lot of people talking. Currently, the US Treasury has a stash of 198,000 BTC it seized from crooks, making it the largest publicly held crypto asset of any government.
Wood pointed out that the initial executive directive had envisioned a reserve of a million Bitcoins. Talking to the Bitcoin Brainstorm podcast, she said, “It has been remarkably hesitant for the government actually to go out & buy Bitcoin… The original intention was to end up owning a million bitcoins, so I really think they are going to start buying some.”
The idea of a US Bitcoin reserve was first put on the table back in Q1 2025, courtesy of a Trump-era executive order. Ever since then, nothing. That is, apart from the odd acquisition from law enforcement seizures.
What Trump thinks about crypto
- Wood reckons that even if Trump isn’t going to be reelected in 2026, the fact that his family are getting more involved in crypto means they are unlikely to slow down on these initiatives anytime soon.
- She also credits crypto supporters with being a potent voting bloc in the next election, especially given the cash they’ve chipped in from the likes of Stand With Crypto and key figures in the industry.
CATHIE WOOD: TRUMP WILL BUY 1 MILLION BITCOIN
She says 2026 midterms matter. Trump doesn’t want to be a lame duck, and buying Bitcoin for a US strategic reserve helps secure another productive term.
Crypto isn’t fringe. It’s political capital. pic.twitter.com/SIHIBDVG5f
— Ark Invest Tracker (@ArkkDaily) January 8, 2026
Some of the key things that happened under Trump’s watch include :
- He signed off on an executive order that established a Bitcoin reserve and gave the go-ahead for a crypto stockpile.
- He set up a crypto working group led by Special Advisor David Sacks.
- He put forward policy proposals that would have given the CFTC greater authority over spot trading in non-security digital assets.
- He even sponsored a bunch of crypto events at the White House , backed by big players like Coinbase, Tether, and Ripple.
Wood thinks we might see small-scale traders get a get-out-of-jail-free card in terms of tax – a move that would fit in nicely with the state-level initiatives in Florida and Texas to set up their own crypto reserves.
Market Volatility and Institutional Adoption
ARK Invest’s Lorenzo Valente reckons that 2025 was a wild year for crypto – but that institutional players that are looking to make a long-term play could help reduce volatility.
Wood added that, so far, the level of institutional investment in Bitcoin has been modest, especially given that it’s currently trading at what looks like a low point in its four-year cycle (ie, around $88,000).
- Valente pointed out that smart, long-term players could make a real difference in smoothing out extreme volatility.
- Wood noted that a 30% drop in Bitcoin would be a relatively minor blip in its cycle, especially compared to past downturns of 50–70%.
- The fact that the Trump administration has been so supportive of cryptocurrency could signal that the government is looking to get more involved in the digital asset markets.
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