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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
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Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
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U.S. Treasury Secretary clarifies: The government is committed to exploring budget-neutral ways to expand Bitcoin reserves.
[Bit推] According to reports, U.S. Treasury Secretary Becerra stated on a local business channel on Thursday that the U.S. government will not directly purchase more Bitcoin, but he later added that this does not mean halting plans to expand the encryption asset reserves.
Since Trump signed the executive order to create a Bitcoin strategic reserve in March, the market has been closely watching the specific operational details. This reserve is currently based on approximately $20 billion in encryption that the government has seized from criminal activities, and the executive order clearly requires the Department of Commerce and the Department of the Treasury to explore "budget neutral" ways to expand the reserve.
Bessent's statement this morning on the show that he "would not purchase" was interpreted by the market as a halt to reserve expansion. However, he later clarified on social media, stating: "The Treasury is committed to exploring a budget-neutral path for increasing Bitcoin holdings," and his spokesperson emphasized that earlier remarks were overinterpreted—what was mentioned on the show was merely a casual comment, not a significant policy declaration.