U.S. Government Denies Bitcoin Purchase Plans, Contradicting Jim Cramer Rumors

The U.S. government is not preparing for large-scale Bitcoin (BTC) acquisitions, directly countering recent market speculation. Rumors, amplified by TV personality Jim Cramer's comments, suggested potential significant BTC buys by official entities. However, authoritative sources clarify no such Treasury or federal buying spree is imminent. This dismissal highlights the sensitivity of cryptocurrency markets to unverified reports from financial media figures. Analysts note that while institutional interest in Bitcoin ETFs remains, direct government accumulation isn't currently on the policy agenda. The situation underscores the importance of verifying sensational claims against official statements before assessing market impact.