Finally! Donald Trump Signs Executive Order Establishing Strategic Bitcoin Reserve

United States President Donald Trump has signed an executive order for the creation of a Strategic Bitcoin Reserve. The decision comes amid increasing concerns about inflation, economic stability, and the role of digital assets in the global financial system. 

According to a recent X post by crypto czar David Sacks, the order noted that the Reserve will be funded with bitcoin (BTC) seized by the federal government from criminal or civil cases, so taxpayers will not have to pay anything.

In addition, Trump’s latest order noted that the Secretaries of Treasury and Commerce can create cost-neutral plans to acquire more BTC as long as American taxpayers do not pay extra. 

U.S. Govt Holds Roughly 200,000 BTC

Crypto czar David Sacks also stated that the primary purpose of the reserve is the responsible stewardship of the government’s digital assets under the Treasury Department. As such, the American government will only add forfeited assets to the reserve and will not acquire more separately.

According to Sacks, the U.S. government currently holds approximately 200,000 bitcoins in its crypto portfolio, worth roughly $19 billion. However, he claimed that there has never been a complete audit. Trump’s order mandates a full accounting of the federal government’s crypto holdings. 

Sacks further added that premature sales of the crypto asset have cost the U.S. taxpayers approximately $17 billion in lost value, and the government plans to maximize the value of its holdings. 

While the U.S. government requires a complete accounting of its holdings, the latest order established that the U.S. will hold all Bitcoin in the Reserve without selling it, preserving it as a store of value. The Reserve acts like a digital Fort Knox for Bitcoin, often called “digital gold,” Sacks said.

A Strategic Reserve

In addition to the bitcoin reserve, the executive order also establishes a digital asset stockpile. The stockpile will comprise altcoins that have been forfeited in criminal and civil proceedings.

On March 3, before the executive order, Trump said on his Truth Social platform that the crypto reserve would include XRP, Cardano (ADA), and Solana (SOL). Following the list, he added that BTC and ETH would be the heart of the Reserve.

However, data from blockchain analysis platform Arkham Intelligence revealed that the U.S. government holds no XRP, SOL, or ADA among the billions in crypto it controls. 

Meanwhile, the latest order did not positively favor BTC. Instead, it is down 3.04%, trading slightly above $88,000 from its more than $91,000 price high a few days ago. Regardless of political views, Trump’s executive order represents a major turning point in finance, solidifying bitcoin’s place in discussions about the future of money. Whether this bold experiment succeeds or falters, BTC is now undeniably part of the U.S. economic strategy.