Be with us telegram Channel to maintain the latest state for news reports
DONALD Trump’s Crypto Czar David Sacks says Japan -based Metaplanet increases BTC purchases, allowing the United States to add more bitcoin to strategic cryptocurrency.
Sacks said yesterday that the US government could acquire more BTCs as long as the US government was performed in a “budget neutral” manner, speaking in the Bitcoin 2025 conference in Las Vegas yesterday, as long as it was carried out in a “budget neutral” manner.
There is a path for the US government to buy more Bitcoin, but requires approval.
bag “I can’t promise anything,” he said, but the government said that there is already a channel for purchasing more Bitcoin. According to him, the main challenges are the Howard Lutnick and the US Treasury Secretary Scott Bessent are in charge of this idea.
SACKS said, “The problem is that the financial department or commercial department can be excited about it, because they are actually approved because they can find out how to do so and raise funds.
After that Trump signed an administrative order On March 6, we approved the creation of the US encryption protection area using Bitcoin, which was seized as part of a crime or civil asset confiscation. SACKS added that unless the purchase is not added to the state’s debt or no additional tax is required, the administrative order encrypts that the government allows more purchases.
Metaplanet has invested $ 50 million in Bitcoin
The United States still needs to seek ways to buy more Bitcoin without affecting taxpayers, but Metaplanet has announced $ 50 million in BTC by issuing 0% bonds as major encryption continues in X.
*Metaplanet issues $ 50 million from 0% general bonds for additional purchases. $ BTC* pic.twitter.com/fz3j7i22xj
-MetAplanet Inc. (@metAplanet_jp) May 28, 2025
Metaplanet’s announcement continued on May 19 after purchasing the company’s recent 1,004 Bitcoin for $ 114.3 million.
The company is currently the 11th largest company Bitcoin holder worldwide, with a reserve at 7,800 BTC. Metaplanet is also the largest Asian -based company owner of Bitcoin.
Related article:
Best wallet -diversify the encryption portfolio
- Easy to use and function -oriented password wallet
- Access early token ICO
- Multi -chain, multi -vehicle, non -parenting
- Now Google Play at App Store
- You can get the best token $
- 250,000+ Monthly active users
Be with us telegram Channel to maintain the latest state for news reports