President Donald Trump is set to submit his budget for the fiscal year 2026, introducing a strategy that includes the establishment of a Strategic Bitcoin Reserve. This focus on digital assets marks a notable shift in U.S. policy.
Introduction of Strategic Bitcoin Reserve
President Trump plans to introduce the FY2026 budget, which includes a Strategic Bitcoin Reserve. This emphasis on digital assets signifies a significant policy shift for the U.S.
Crypto Community and Analysts React to Policy Shift
The submission of the budget has garnered attention from the crypto community and analysts. Key figures responsible for overseeing digital asset management include Trump and his special advisor David Sacks. The executive order restricts BTC sales, maintaining confiscated assets as reserves. 'The administration will not sell bitcoin deposited into this Strategic Bitcoin Reserve... maintained as a store of reserve assets' — stated the White House.
Market Data and Expert Insights
The Strategic Bitcoin Reserve signals a historic shift in U.S. policy, akin to El Salvador's adoption of BTC as legal tender. Bitcoin (BTC) is currently priced at $97,063.38, with a market cap of $1.93 trillion. Experts from Coincu anticipate increased adoption of sovereign assets due to Trump's reserve strategy.
The proposed budget for 2026, with an emphasis on Bitcoin reserves, reflects long-term changes in U.S. policy regarding digital assets and may influence future legislative developments in this area.