分析師建議，美國政府可能正在悄悄準備庫存比特幣。

Galaxy Digital的公司研究負責人Alex Thorn建議，美國政府可能準備在一種新型的戰略儲備中添加比特幣

Alex Thorn, Head of Corporate Research at Galaxy Digital, has suggested that the U.S. government may be preparing to add Bitcoin to a new kind of strategic reserve, shifting its approach to digital assets.

Galaxy Digital的公司研究負責人Alex Thorn建議，美國政府可能準備在一種新型的戰略儲備中添加比特幣，從而改變其數字資產的方法。

Speaking in an interview, Thorn alluded to a March executive order on digital asset management that laid the groundwork for this possibility. The directive prohibits the federal government from selling any Bitcoin it holds and instructs the Commerce and Treasury Departments to find creative ways to acquire more—without tapping into taxpayer funds.

索恩在接受采訪時提到了一項針對數字資產管理的行進命令，這為這種可能性奠定了基礎。該指令禁止聯邦政府出售其持有的任何比特幣，並指示商業和財政部找到創新的方法來獲取更多東西，而沒有利用納稅人資金。

While Thorn previously stated that he expected the government to simply hold onto existing Bitcoin, he now sees the prospect of direct purchases as far more realistic.

索恩（Thorn）此前曾表示，他希望政府簡單地堅持現有的比特幣，但他現在認為直接購買的前景更加現實。

The executive order takes a firm stance against altcoins, barring any official purchases while leaving their management to individual agencies.

行政命令對Altcoins採取堅定的立場，禁止任何正式購買，同時將其管理層留給各個機構。

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The prospect of U.S. government agencies liquidating seized altcoins to swap for Bitcoin was also raised by Thorn, who noted that one potential strategy could involve liquidating altcoins already in federal possession—perhaps acquired through seizures or enforcement actions—and swapping them for Bitcoin, possibly without needing to convert them to fiat currency.

索恩（Thorn）還提出了清算佔領山幣以交換比特幣的美國政府機構的前景，索恩（Thorn）指出，一個潛在的策略可能涉及已經清算已經擁有聯邦所有權的山寨幣（也許是通過癲癇發作或執法行動獲得的），並將其交換為比特幣，可能無需將它們轉換為fiat貨幣。

This speculation arises as federal agencies were given 30 days to report on existing Bitcoin reserves, though the findings have yet to be made public. Thorn suspects that the report has already reached the White House.

由於聯邦機構有30天的報告報告現有的比特幣儲備，但出現了這種猜測，儘管這些發現尚未公開。索恩懷疑該報告已經到達白宮。

Further fueling the speculation, Treasury Secretary Carla Besson recently referred to Bitcoin as a “store of value,” signaling a possible ideological shift at the top. Prominent voices like Bo Hines and David Sacks have also pushed the narrative that Bitcoin should be treated as a strategic asset in the national interest.

國庫秘書卡拉·貝森（Carla Besson）最近將比特幣稱為“價值存儲”，這表明頂部可能發生的意識形態轉移，這進一步加劇了猜測。像Bo Hines和David Sacks這樣的著名聲音也推動了應該將比特幣視為國家利益的戰略資產的敘述。

How will the U.S. government fund Bitcoin accumulation?

美國政府將如何積累比特幣？

When asked about the logistical challenges of funding Bitcoin accumulation without affecting the federal budget, Thorn admitted, "It's a valid point."

當被問及在不影響聯邦預算的情況下資助比特幣積累的後勤挑戰時，索恩承認：“這是一個有效的觀點。”

However, he believes the answer might lie in quietly held altcoin reserves that have gone largely unnoticed, even by lawmakers—assets that could be sold to finance Bitcoin acquisitions.

但是，他認為答案可能在於靜靜地舉行的Altcoin儲備，這些儲量即使是由立法者也沒有註意到的，即可能出售的資助比特幣收購。

"I think that's where we get into interesting speculation. What are some of the assets that we're not necessarily thinking about that the government might hold? And could they be used to fund this Bitcoin accumulation in a way that would fly under the radar?"

“我認為這是我們猜測的地方。我們不一定要考慮政府可能會舉行的一些資產是什麼？而且它們可以用來以在雷達下飛行的方式來資助這種比特幣積累？”

Overall, Alex Thorn highlighted the potential implications of the U.S. government pivoting towards Bitcoin accumulation, considering the macroeconomic impact and implications for the cryptocurrency market.

總體而言，亞歷克斯·索恩（Alex Thorn）強調了美國政府對比特幣積累的潛在影響，考慮到宏觀經濟的影響和對加密貨幣市場的影響。