During a recent appearance on Mad Money, Jim Cramer said he had “heard” that President Donald Trump began purchasing Bitcoin for the U.S. Strategic Bitcoin Reserve when prices briefly touched $60,000 earlier in the week.
Cramer suggested that the administration used the sharp market dip as an opportunity to capitalize the reserve, which was formally created through an executive order signed in March 2025.
According to Cramer, the “word is” that buying activity began around the $60,000 level, implying opportunistic accumulation during the selloff. While he framed the information as market chatter rather than confirmed fact, his comments quickly spread across trading desks and social media.
In the days following the remarks, Bitcoin rebounded by roughly 15%, climbing back above $70,000 by February 8, 2026, reinforcing speculation that large buyers may have stepped in near the lows.
However, there has been no official confirmation from either the White House or the U.S. Treasury that new purchases were made.
Cramer’s comments stand in contrast to recent public statements from Scott Bessent, who clarified that the federal government currently lacks legislative authority to use taxpayer funds to acquire additional Bitcoin.
Under existing law, the U.S. Bitcoin Reserve is limited to Bitcoin already in federal possession, primarily assets obtained through criminal seizures. Any expansion of holdings via open-market purchases would require new congressional authorization.
As of early 2026, the U.S. Strategic Bitcoin Reserve functions mainly as a custodial repository rather than an active acquisition vehicle.
Research firms such as Arkham Intelligence estimate that the U.S. government currently holds approximately 328,372 BTC. The valuation of those holdings has proven highly volatile, dropping by nearly $5 billion during the early-2026 selloff before partially recovering alongside the recent price rebound.
The March 2025 executive order governing the reserve includes a strict non-liquidation mandate, committing the government to hold its Bitcoin indefinitely rather than sell into market rallies.
Cramer’s claim remains unverified, but its market impact highlights how sensitive Bitcoin has become to perceived policy signals. Even unconfirmed suggestions of U.S. government buying activity appear capable of influencing short-term price dynamics, particularly during periods of heightened volatility.
At the same time, existing legal constraints make large-scale discretionary purchases unlikely without new legislation, creating a gap between market speculation and policy reality.
The post Jim Cramer Claims Trump Bought the Dip for U.S. Strategic Reserve appeared first on ETHNews.


