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Donald Trump’s crypto czar David Sacks says the US could add more Bitcoin to its strategic crypto reserve, as Japan-based Metaplanet ramps up its BTC buying spree. Speaking at a fireside chat with Gemini co-founders Cameron and Tyler Winklevoss at the Bitcoin 2025 conference in Las Vegas yesterday, Sacks said the US government can acquire more BTC as long as it is done in a “budget-neutral” way.  Path For US Government To Buy More Bitcoin Does Exist, But Will Need Approval Sacks said he “can’t promise anything,” but a pathway for the government to buy more Bitcoin does already exist. The main challenge, according to him, is getting US Commerce Secretary Howard Lutnick and US Treasury Secretary Scott Bessent on board with the idea.  “The question is, can we get either the Treasury Department or the Commerce Department to get excited about that because if they do and they can figure out how to fund it, they actually do have presiden...

Metaplanet stock plunged 8% after unveiling a ¥2 billion ($13.4m) Bitcoin purchase plan, as markets brace for for US President Donald Trump’s April tariffs. Google Finance data shows that Metaplanet stock traded at ¥401 as of 2:05 a.m. EST following the recent drop. Metaplanet Announces ¥2 Billion Bitcoin Purchase Plan Earlier today, Japan-based investment firm Metaplanet announced the issuance of its 10th Series of Ordinary Bonds worth ¥2 billion. According to a March 31 announcement shared on X today, the firm plans to use the proceeds to buy BTC. The zero-interest bonds are scheduled for redemption on September 30. *Metaplanet Issues 2 Billion JPY in 0% Ordinary Bonds to Purchase Additional $BTC* pic.twitter.com/ZrC5plI1Nc — Metaplanet Inc. (@Metaplanet_JP) March 31, 2025 Metaplanet’s decision to buy more BTC comes as the crypto market leader saw its price drop over 1% in the last 24 hours to trade at just above $82K. This correction pushe...

US Bitcoin Reserve initiatives have accelerated in recent days as Senator Cynthia Lummis reintroduces legislation for a strategic national Bitcoin reserve, while Japanese company MetaPlanet continues to expand its Bitcoin holdings with new acquisitions. These developments right now highlight the growing institutional confidence in Bitcoin across financial sectors. Also Read: Bitcoin Plan: Scaramucci’s 2% Strategy Wasn’t Enough—Saylor Calls It Contradictory Lummis Bitcoin Bill and MetaPlanet’s BTC Acquisitions—What’s Next for the US Bitcoin Reserve? Source: NBC News Senator Lummis Revives Strategic Bitcoin Reserve Proposal Senator Lummis has spearheaded efforts by reintroducing her Bitcoin bill that catalyzes US Bitcoin Reserve plans to accumulate 1 million BTC over five years—approximately 5% of Bitcoin’s total supply. The Lummis Bitcoin bill includes various provisions for leveraging $6 billion annually from 2025 to 2029 from Federal Reserve transfers. Senator Lummis ...