Scott Bessent Reverses: US Treasury Still Eyeing Bitcoin Reserve Purchases

Summary: Is the U. S. Treasury still planning to buy Bitcoin for its Strategic Bitcoin Reserve? Yes, Treasury Secretary Scott Bessent clarified that the department is exploring budget-neutral ways to acquire Bitcoin for the reserve. The Bitcoin already seized by the federal government will form the foundation of the reserve source: https://news.shib.io/2025/08/15/scott-bessent-reverses-us-treasury-still-eyeing-bitcoin-reserve-purchases/