Cathie Wood: Trump fit start dey buy Bitcoin for US Strategic Reserve for 2026
Ark Invest CEO Cathie Wood tok say Presiden Donald Trump fit start dey buy Bitcoin (BTC) direct for one proposed US strategic Bitcoin reserve as early as 2026. For Ark Invest podcast Bitcoin Brainstorm, Wood talk say politics de make am — especially 2026 midterm election and no wan look like lame-duck — so dem go try deliver wetin people fit see. Di executive order wey create di reserve so far only allow budget-neutral ways to get BTC; government now dey hold only BTC wey dem seize. Wood talk say before dem bin dey talk about target reach up to 1 million BTC for di reserve and suggest say US fit get exposure faster by investing inside institutional vehicle wey don already hold plenty BTC. Ark research director Lorenzo Valente warn say di executive order get limit on buys, and Bitcoin Park founder Rod Roudi join di discussion. Wood expect make dem collaborate with crypto/AI advisor David Sacks to make regulation clear and speed up adoption, and she predict stronger US growth for 2026 from business-friendly tax and depreciation policies wey fit encourage onshore mining and corporate crypto investment. Legislative proposals like Senator Cynthia Lummis’s BITCOIN Act (wey include big BTC buys) never move matter much. For traders, di chance say US government go buy direct, clearer regulation, and more domestic mining fit tighten supply, boost institutional inflows and raise demand for BTC — things wey matter for short-term volatility and longer-term bullish interest.
Bullish
If di U.S. government fit buy Bitcoin directly, plus clearer regulation and incentives for onshore mining, e go increase demand and bring institutional flows into BTC. For short term, announcements and policy developments fit cause volatility—sharp price moves when people make claims, give clarifications, or when legislative news drop—but overall directional effect na positive because government buying and clearer regulatory frameworks reduce uncertainty and show say institutions dey adopt. For medium to long term, sustained government involvement or big institutional vehicles wey hold BTC go tighten available supply and support higher price levels. Constraints: the current executive order allow only budget-neutral methods and legislation wey go enable large purchases never move forward, so timing and scale still uncertain. Traders suppose dey watch official procurement actions, regulatory guidance from advisors like David Sacks, and mining/corporate investment trends for confirmation.