Trump Signs Executive Order Creating Strategic Bitcoin Reserve

Trump Establishes Strategic Bitcoin Reserve Using Seized Crypto Assets

  • President Trump has signed an Executive Order establishing a Strategic Bitcoin Reserve using forfeited crypto assets.
  • White House AI and Crypto Czar David Sacks confirmed the initiative won’t require taxpayer funding.
  • A separate Digital Asset Stockpile will be created for non-Bitcoin cryptocurrencies seized in legal proceedings.

President Donald Trump officially established a Strategic Bitcoin Reserve on Thursday by signing an Executive Order authorizing the federal government to create a dedicated cryptocurrency stockpile. The initiative represents a significant development in the U.S. government’s approach to digital asset management and national cryptocurrency policy.

- Advertisement -

David Sacks, who serves as the White House AI and Crypto Czar, announced the initiative on X (formerly Twitter), emphasizing that the program would come at no expense to American taxpayers.

“The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings,” Sacks explained in his social media post.

According to the Executive Order, the government will also establish a complementary Digital Asset Stockpile dedicated to holding cryptocurrencies other than Bitcoin. This secondary reserve will similarly be funded using digital assets confiscated through legal enforcement actions rather than new appropriations.

The Strategic Bitcoin Reserve represents a novel approach to managing seized digital assets, providing the federal government with a structured framework for handling cryptocurrency obtained through law enforcement operations. Previously, such assets were typically liquidated following seizure, but this new policy suggests a longer-term holding strategy for Bitcoin specifically.

The initiative comes amid growing institutional interest in Bitcoin and other cryptocurrencies, with the U.S. government now formalizing its approach to managing what has become a significant digital asset portfolio through various enforcement actions against criminal enterprises and civil cases.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

Crypto Traders Mull Lawsuit After $242M Polymarket Suit Controversy

Crypto traders plan legal action against Polymarket over the resolution of a $242 million...

Remixpoint Raises $215M to Expand Bitcoin Treasury Holdings

Remixpoint raised $215 million in funding to grow its Bitcoin holdings. The company will use...

U.S. Sanctions North Korean Hacker for Remote IT Worker Scheme

The U.S. Treasury sanctioned a North Korean national linked to a fraudulent remote IT...

BRICS 2025 Summit Ignores New Currency, De-Dollarization Plans

BRICS leaders did not discuss launching a new common currency or a de-dollarization agenda...

Detroit man admits sending cryptocurrency donations to ISIS

A Detroit resident admitted guilt to attempting to send cryptocurrency donations to ISIS.The individual...

Must Read

10 BEST Companies to Buy Hosting With Bitcoin And Crypto

If you are looking to buy hosting with bitcoin or cryptocurrency then you've come to the right place.I've done the research for you...