US Government Unlikely to Buy #BTC in 2025, Says Galaxy Digital Research Head

The United States government is not expected to purchase Bitcoin in 2025, according to Galaxy Digital’s head of research, Alex Thorn.

In a report published on December 27, Thorn predicted that while discussions around a Bitcoin reserve policy may progress, the government will focus on managing its existing Bitcoin stockpile rather than acquiring more.

Thorn suggested that there might be “movement within departments and agencies to examine an expanded Bitcoin reserve policy.”

US Government Holds 183K BTC
As of now, the US government holds approximately 183,850 BTC, valued at $17.36 billion, according to blockchain analysis platform Spot on Chain.

This Bitcoin is spread across various known wallet addresses.

Wyoming Senator Cynthia Lummis has proposed the Bitcoin Act, which, if enacted, would significantly shift the government’s approach.

The act outlines a plan for the US Treasury to purchase 200,000 BTC annually over five years, building a reserve of one million Bitcoin to be held for at least 20 years.

Galaxy Digital analyst “JW” also weighed in, suggesting that up to five Nasdaq 100 companies and five nation-states could add Bitcoin to their balance sheets or sovereign wealth funds in the near future.

JW argued that increasing global competition might push nations, particularly those unaligned with or adversarial to the US, to adopt Bitcoin mining or accumulation strategies.