Coinbase CEO Brian Armstrong believes U.S. government Bitcoin reserves could eventually exceed one trillion dollars if future accumulation plans move forward.
The United States currently holds more than 328,000 Bitcoin, largely obtained through seizures linked to criminal investigations, darknet cases and enforcement actions. Historically these holdings were sold through government auctions, often creating market attention.
The approach changed after the creation of a Strategic Bitcoin Reserve, which shifted policy toward retaining seized assets rather than immediately liquidating them.
Armstrong’s projection also depends on Senator Cynthia Lummis’ proposed BITCOIN Act, which seeks authorization for the U.S. government to purchase up to one million Bitcoin over several years using existing resources.
Supporters argue such a move could strengthen strategic reserves and reduce market selling pressure. However, the proposal still faces significant legislative hurdles and uncertainty around long-term political support before any large-scale purchases become reality.
Coinbase CEO "The government could own over $1T in Bitcoin reserves"
— Crypto Town Hall (@Crypto_TownHall) May 17, 2026
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