Changpeng Zhao Hints the US Government Is a Major Bitcoin Buyer

Changpeng Zhao, co-founder and former CEO of Binance, recently hinted that the US government is a major buyer of Bitcoin.

Binance co-founder and former CEO Changpeng Zhao hinted that the US government is a major buyer of Bitcoin.

“You can buy Bitcoin after the US government is done buying, or before. There is no other choice,” CZ tweeted on X.

The tweet comes as Montana's proposed 'Strategic Bitcoin Reserve' legislation passed committee review and will proceed to a vote on the House floor.

The bill would create a special revenue account allowing the state to invest in precious metals, stablecoins and digital assets with an average market capitalization of over $750 billion in the past year. Currently, only Bitcoin fits the bill.

Montana joins a growing number of states, including Utah, Arizona and Oklahoma, that have advanced similar Bitcoin reserve bills to their respective House floors.

These developments could suggest that the US government is aggressively purchasing the world's most popular digital asset, which might propel its price upward.

US government's stance on Bitcoin

There have been some positive aspirations from the US government towards Bitcoin in recent times, most notably with the Trump administration being pro-crypto.

Before Trump's administration, in July 2024, Senator Cynthia Lummis introduced a bill to set up a strategic Bitcoin reserve.

The legislation mandates the US Treasury and Federal Reserve to acquire 200,000 Bitcoins annually over five years, aiming for a total reserve of 1 million Bitcoins.

The goal is to improve national financial resilience and show leadership in the global cryptocurrency world.

Pro-Bitcoin bills gaining ground in US While the bill is yet to gain traction, it does show that Bitcoin is a hot topic amongst some officials in the US government.

In January 2025, US President Donald Trump signed an executive order titled 'Strengthening American Leadership in Digital Financial Technology.'

The directive lays out the administration's strategy to strengthen the United States' position in digital assets and financial technology.

All in all, these legislative actions show a broader trend of government bodies recognising and possibly adding digital assets like Bitcoin into their financial strategies.

The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a Binance co-founder and former CEO Changpeng Zhao hinted that the US government is a major buyer of Bitcoin.

“You can buy Bitcoin after the US government is done buying, or before. There is no other choice,” CZ tweeted on X.

The tweet comes as Montana's proposed 'Strategic Bitcoin Reserve' legislation passed committee review and will proceed to a vote on the House floor.

The bill would create a special revenue account allowing the state to invest in precious metals, stablecoins and digital assets with an average market capitalization of over $750 billion in the past year. Currently, only Bitcoin fits the bill.

Montana joins a growing number of states, including Utah, Arizona and Oklahoma, that have advanced similar Bitcoin reserve bills to their respective House floors.

These developments could suggest that the US government is aggressively purchasing the world's most popular digital asset, which might propel its price upward.

US government's stance on Bitcoin

There have been some positive aspirations from the US government towards Bitcoin in recent times, most notably with the Trump administration being pro-crypto.

Before Trump's administration, in July 2024, Senator Cynthia Lummis introduced a bill to set up a strategic Bitcoin reserve.

The legislation mandates the US Treasury and Federal Reserve to acquire 200,000 Bitcoins annually over five years, aiming for a total reserve of 1 million Bitcoins.

The goal is to improve national financial resilience and show leadership in the global cryptocurrency world.

Pro-Bitcoin bills gaining ground in US While the bill is yet to gain traction, it does show that Bitcoin is a hot topic amongst some officials in the US government.

In January 2025, US President Donald Trump signed an executive order titled 'Strengthening American Leadership in Digital Financial Technology.'

The directive lays out the administration's strategy to strengthen the United States' position in digital assets and financial technology.

All in all, these legislative actions show a broader trend of government bodies recognising and possibly adding digital assets like Bitcoin into their financial strategies.

The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a