U.S. Bitcoin Strategy Could Send Price to $1 Million, Says Policy Expert
As geopolitical competition and digital innovation reshape the global economy, the Bitcoin Policy Institute (BPI) is making a bold claim: if the United States were to buy 1 million Bitcoins, the price of Bitcoin could skyrocket to $1 million per coin.
In a recent Bitcoin Magazine podcast, Zach Shapiro, head of policy at BPI, laid out a scenario that has ignited debate across financial and political circles. He said, “If the United States announces that we are buying a million Bitcoin, that’s just a global seismic shock… we’d probably go very quickly to something like a million dollars per Bitcoin.”
Trump’s Strategic Bitcoin Reserve Order Sparks Policy Buzz
This discussion follows President Donald Trump’s March 7 executive order to establish a Strategic Bitcoin Reserve alongside a broader Digital Asset Stockpile. The goal? To secure America’s dominance in the digital currency arena.
The move positions the U.S. as a potential “Bitcoin superpower,” a phrase BPI Executive Director Matthew Pines used to describe the evolving national strategy. Pines emphasized that “If Donald Trump wants to make good on his promise to be a Bitcoin superpower, that ultimately comes down to how much Bitcoin you have.”
According to Pines, other countries are watching closely. America’s digital asset decisions could shape global crypto policy, especially among its economic competitors.
How the U.S. Could Fund a Massive Bitcoin Purchase Without Taxpayer Burden
One of the biggest questions around accumulating such a large Bitcoin reserve is funding. Pines believes the purchase could be made through “budget-neutral” means, such as revenue from tariffs, royalties, and government asset sales — all without increasing taxes.
“Revenues that the government can use to acquire more Bitcoin would be things like tariff revenue or other fees that the government collects that are not tax-based fees,” Pines explained.
This thinking aligns with Trump’s broader trade strategy. On April 2, the president issued a new order imposing a 10% baseline tariff on all imports and reciprocal tariffs on nations that tax U.S. exports. These revenues, Pines argued, could be channeled directly into Bitcoin accumulation.
Legislative Push for 1 Million BTC Reserve Gains Momentum
Adding fuel to the conversation, Senator Cynthia Lummis reintroduced the BITCOIN Act on March 12. The bill aims to officially push U.S. Bitcoin holdings above 1 million BTC, potentially locking in America’s digital dominance for decades.
Supporters argue that Bitcoin represents a strategic asset, akin to gold or oil in the 20th century, especially as central bank policies, inflation fears, and international tensions roil traditional markets.
Will the U.S. Lead the World Into the Bitcoin Era?
Whether or not the U.S. actually amasses such a large Bitcoin reserve, the conversation itself highlights the growing mainstream acceptance of cryptocurrency as a national asset class. With other nations like China quietly holding billions in BTC, the race is on.
Share This“This isn’t just economic policy,” Shapiro said. “It’s geopolitical strategy.”
