Key Takeaways:
- The Bitcoin Policy Institute suggests a U.S. purchase of 1 million BTC could push Bitcoin’s price to $1 million per coin.
- Trump’s executive order proposes a Strategic Bitcoin Reserve, directing budget-neutral strategies for acquiring BTC.
- The BITCOIN Act and new tariff revenues are being considered as funding sources for expanding U.S. Bitcoin reserves.
A recent discussion by the Bitcoin Policy Institute (BPI) suggests that if the U.S. government were to purchase 1 million Bitcoin, its price could soar to $1 million per coin.
BPI’s head of policy, Zach Shapiro, said such a move would trigger a global “seismic shock.”
"If the U.S. announces we are buying 1 Million BTC, that’s just a global seismic shock… the Bitcoin price goes through the roof. We go to $1,000,000 per Bitcoin"
— Simply Bitcoin (@SimplyBitcoinTV) April 16, 2025
– Bitcoin Policy Institute pic.twitter.com/kAYbHXuw3V
The idea gained traction after former President Donald Trump issued a March 7 executive order calling for a Strategic Bitcoin Reserve and Digital Asset Stockpile.
BPI’s executive director, Matthew Pines, emphasized that global powers are closely watching the U.S. digital asset strategy, stressing that becoming a Bitcoin superpower hinges on how much BTC the U.S. owns.
Trump’s directive urges “budget-neutral” strategies—avoiding taxpayer burden—for Bitcoin acquisition.
These could include using revenue from tariffs, oil and gas leases, or sales of federal assets.
Senator Cynthia Lummis also reintroduced the BITCOIN Act to boost U.S. Bitcoin holdings.
Additionally, Trump’s April 2 tariff policy—imposing a 10% baseline on imports—has stirred global market uncertainty, though it may provide non-tax revenue to fund BTC purchases as part of a broader economic and digital asset strategy.