AI and Crypto Czar David Sacks Says the US Could Buy More Bitcoin

White House's AI and Crypto Czar Outlines Bold Vision for U.S. Crypto Policy

In a recent interview, David Sacks, the White House's AI and crypto czar, outlined the Trump administration's aggressive push to reshape U.S. crypto policy. Sacks highlighted a series of pro-Bitcoin actions taken within the first 100 days, including the establishment of a Strategic Digital Asset Reserve and the pardoning of Ross Ulbricht.

Sacks confirmed that the executive order establishing the strategic Bitcoin Reserve allows the government to purchase more Bitcoin, stating, "If we can convince Howard Lutnick, who's Commerce Secretary, or Scott Besson, who's the Treasury Secretary, to buy some, and they can figure out how to fund it—without a new tax or adding to the debt, maybe by finding the money from some other program that's not using it—then we could potentially acquire more Bitcoin."

The administration's crypto agenda also included the signing of a week-one executive order to promote U.S. leadership in digital assets, which prohibited CBDCs, ended Operation Choke Point 2.0, and created the President's Working Group on digital assets. Sacks also highlighted the defunding of the CFPB, Elizabeth Warren's "personal regulatory agency," as a personal favorite move.

Sacks emphasized the critical role of energy infrastructure in powering both AI and crypto innovation, calling for a major expansion of U.S. energy production to meet the growing demands of these emerging technologies. He expressed optimism about the momentum already underway in crypto regulation and the potential for lasting impact in the coming years.

"What all of you guys are going to accomplish with Bitcoin is going to be incredible–to the moon," Sacks said, addressing the audience at the Bitcoin 2025 conference.