Strategic Bitcoin Reserve: Donald Trump's Executive Order

by Giorgi Kostiuk

2 days ago

US President Donald Trump approved an executive order to create a strategic Bitcoin reserve, to be sourced from confiscated assets.

Reserve Creation

According to US cryptocurrency chief David Sacks, the US strategic Bitcoin reserve will be formed solely from Bitcoins seized by the government.

A sonar audit of all federal government digital assets will be conducted for the first time. The government currently owns about 200,000 Bitcoins.

Early Bitcoin sales cost US taxpayers over $17 billion.David Sacks

The executive order also includes the creation of a digital asset stockpile excluding Bitcoins, sourced from confiscated assets.

The order underscores the commitment to responsible digital asset management and the establishment of a strategic government fund.

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