According to ARK Invest founder Cathie Wood, a plan initiated by executive order (presidential directive) early in Trump’s second term targets 1 million BTC (Bitcoin token symbol) and has primarily relied on seized assets.
Cathie Wood said the US federal government may soon begin purchasing Bitcoin to build a national strategic Bitcoin reserve (government-held Bitcoin stockpile). She stated the plan began via executive order (presidential directive) early in Trump’s second term, targets 1 million BTC (Bitcoin token symbol), and has mostly used seized assets so far.