TechFlow news, June 4 — According to Cointelegraph, Samson Mow, founder of JAN3, warned that the U.S. government risks being overtaken by other countries in establishing a strategic bitcoin reserve. Despite the Trump administration having signed an executive order, the U.S. has not yet begun actively acquiring bitcoin. Mow suggested the U.S. should sell part of its gold reserves to purchase bitcoin, stating, "The window of opportunity is rapidly closing."
Pakistan has already announced plans at the Bitcoin 2025 Las Vegas conference to establish a strategic bitcoin reserve, while countries including the UK, Brazil, and Poland have also expressed similar interest. Currently, the U.S. holds approximately 198,012 bitcoins (worth about $20.67 billion), mostly seized through criminal cases.
Mow predicted bitcoin's price could reach $1 million within one or two years, and emphasized that the Trump administration must establish a clear bitcoin accumulation strategy before leaving office.
