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Home»Security»David Sacks says we can buy more bitcoin, and Metaplanet did it
Security

David Sacks says we can buy more bitcoin, and Metaplanet did it

May 29, 2025No Comments3 Mins Read
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Donald Trump’s TSAR, Tsar David Sacks, says that the United States could add more bitcoin to its strategic cryptography reserve, while Metaplanet based in Japan accelerates its BTC purchasing frenzy.

Speaking during a conversation by the fireside with the co-founders of Gemini Cameron and Tyler Winklevoss at the Bitcoin 2025 conference in Las Vegas yesterday, Sacks said that the American government could acquire more BTC as long as it is done in a “neutral” manner.

Path for the United States government to buy more bitcoin exists, but will need approval

Bags He said he “can’t promise anything”, but a way for the government to buy more bitcoin already exists. The main challenge, according to him, is to make sure that the American trade secretary Howard Lunick and the secretary of the US Treasury Scott are on board the idea.

“The question is whether we can make sure that the Treasury Department or the Commerce Department is passionate about this, because if they do it and they can understand how to finance it, they have in fact a presidential authorization,” said Sacks.

It’s after Trump signed a decree On March 6, authorizing the creation of an American crypto reserve using any Bitcoin seized as part of the confiscation of criminal or civil assets. Sacks added that the executive decree “allows the government to buy more crypto, as long as the purchase does not add to the country’s debt or does not require additional taxes.

US CryptoUS Crypto

Metaplanet to invest $ 50 million in Bitcoin

While the United States must still explore how to buy more bitcoin without having an impact on taxpayers, Metaplanet announced on X today an investment of $ 50 million in BTC via a 0% bond emission while its accumulation of the main crypto continues.

* Metaplanet issues USD 50 million in ordinary 0% bonds to buy $ BTC* pic.twitter.com/fz3j7i22xj

– Metaplanet Inc. (@metaplanet_jp) May 28, 2025

Metaplanet’s announcement follows the recent purchase by the company of 1,004 Bitcoin for around $ 104.3 million on May 19.

The company is currently the eleventh largest holder of corporate Bitcoin in the world, with its reserves of 7,800 BTC. Metaplanet is also the largest business holder based in Bitcoin Asia.

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