Cathie Wood of Ark Invest predicts President Trump will buy Bitcoin for the strategic reserve before the 2026 midterms to maintain political momentum and crypto voter support. Trump’s motivations include avoiding lame-duck status, family crypto investments, and crypto community support. The administration aims to own 1 million Bitcoin with budget-neutral purchases.

Wood believes the tax changes in the One Big Beautiful Bill will drive GDP growth, creating fiscal space for Bitcoin purchases. U.S. government buying could trigger a wave of sovereign adoption and shift away from dollar dependence. Wood sees a consolidation around the dollar and Bitcoin in the global monetary system.

The administration aims to justify strategic reserve buying through increased economic growth and tax revenue. Wood anticipates a shift in the global monetary system towards the dollar and Bitcoin. The low volatility of Bitcoin makes it attractive to institutional and government investors.

Read more at Yahoo Finance: Trump ‘Has All Kinds Of Reasons’ To Buy Bitcoin Before Midterms, Cathie Wood Says