U.S. Strategic Bitcoin Reserve Watch: Cramer’s $60K Buy Claim, Arkham Wallet Data, and Policy Limits

Popular market commentator Jim Cramer has reignited speculation around a U.S. Strategic Bitcoin Reserve after claiming he has “heard” that the Trump administration plans to buy Bitcoin at $60,000. The comment surfaced during a recent CNBC appearance, just as Bitcoin briefly tested the $60,000 level amid a broader market pullback.

The claim immediately caught attention across crypto markets, given long standing promises from Donald Trump to support Bitcoin and position the United States as a global crypto leader. However, available on-chain data and existing policy constraints suggest the situation is more complex than a simple government buy order.

Key Takeaways

• Jim Cramer claims the Trump administration plans to buy Bitcoin at $60,000 to fill a U.S. reserve, but no evidence has surfaced.
• On-chain data shows no new Bitcoin accumulation by U.S. government wallets despite recent volatility.
• Existing executive orders and Treasury statements limit the government’s ability to buy Bitcoin with public funds.

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Cramer’s $60,000 Bitcoin Claim Explained

Cramer made the statement during CNBC’s Squawk on the Street, saying he was told the administration would “fill the Bitcoin reserve” if BTC reached $60,000. The comment coincided with Bitcoin’s sharp sell off earlier in the week, when the asset narrowly avoided breaking below that level.

Bitcoin has since rebounded above $70,000. If Cramer’s claim were accurate, BTC would need to drop more than 15% from current levels to trigger such buying. Importantly, Cramer provided no source, documentation, or official confirmation to support the statement.

As of now, the claim remains unverified market chatter rather than confirmed policy action.

Read Also: Galaxy Digital Warns of Bitcoin Uncertainty in 2026

What On-Chain Data Says About U.S. Bitcoin Holdings

On-chain analytics paint a clearer picture of the government’s current Bitcoin position. According to Arkham, the U.S. government holds approximately 328,372 BTC, valued at over $23 billion at current prices.

Crucially, these holdings have remained unchanged over the past month. There have been no observable inflows suggesting new Bitcoin purchases or accumulation during the recent price dip. No BTC movements into known government wallets have been detected.

This strongly suggests that no active buying has occurred, at least so far, despite Cramer’s comments.

Policy Constraints Limit Government Bitcoin Buying

There are also legal and policy barriers that complicate the idea of an active government Bitcoin purchase program. An executive order signed in March 2025 established the framework for a Bitcoin reserve, but with strict limitations.

Under the order, Bitcoin deposited into the reserve must initially come from criminal and civil asset forfeitures. The order also specifies that Bitcoin held in the reserve cannot be sold. Notably, it does not authorize direct market purchases using taxpayer funds.

Read Also: How BTC Evolved From an Idea to a Six-Figure Asset

Treasury Pushback on Bitcoin Bailouts

Treasury Secretary Scott Bessent reinforced these constraints earlier this week. He stated that the federal government has no legal authority to support or bail out Bitcoin using public money.

Bessent emphasized that neither the Treasury nor federal regulators can compel banks to buy Bitcoin or deploy public funds into crypto assets, including Bitcoin or tokens associated with Trump. This directly contradicts the idea of an active buying program at a specific price level.

Taken together, existing policy and legal frameworks significantly weaken the credibility of a $60,000 government buy plan.

Market Expectations and Polymarket Odds

While official action remains absent, market expectations around a Strategic Bitcoin Reserve continue to evolve. On Polymarket, the probability of an official U.S. Strategic Bitcoin Reserve being established before 2027 has risen to 31%, up from 23% in early January.

This increase reflects growing speculation rather than confirmed policy changes. Traders appear to be pricing in political momentum and rhetoric rather than concrete implementation steps.

Importantly, these odds measure belief in formal establishment, not active spot market purchases at specific price levels.

Bitcoin Price Context and Recent Volatility

Bitcoin briefly touched the $60,000 zone during the recent sell off, marking its lowest level since before the 2024 presidential election. The dip was short lived, and BTC quickly recovered above $70,000.

At the time of writing, Bitcoin is trading around $71,000, up more than 3% over the past 24 hours. The rebound suggests that while $60,000 remains a psychologically important level, it has not yet triggered any visible structural buying from government entities.

Final Thoughts

Jim Cramer’s $60,000 Bitcoin reserve claim has added fuel to an already speculative narrative, but hard data does not support the idea of active U.S. government buying. On-chain analysis shows no accumulation, and policy statements from the Treasury explicitly limit such actions.

For now, the U.S. Bitcoin reserve remains a concept shaped more by political rhetoric and market expectations than by confirmed execution. Until wallet activity changes or formal policy updates emerge, claims of a price targeted government buy should be treated with caution.

Read Also: Bitcoin (BTC) Price Today

FAQs

Did Jim Cramer confirm the U.S. is buying Bitcoin at $60,000?

No, Cramer said he “heard” this was the plan, but provided no evidence or official confirmation.

How much Bitcoin does the U.S. government currently hold?

The U.S. government holds approximately 328,372 BTC, according to Arkham data.

Has the U.S. government bought Bitcoin recently?

No on-chain data shows any new Bitcoin purchases by government wallets.

Can the U.S. government legally buy Bitcoin with public funds?

Current executive orders and Treasury statements indicate there is no legal authority to do so.

What are the odds of a U.S. Strategic Bitcoin Reserve being established?

Polymarket currently estimates a 31% chance of a reserve being established before 2027.

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