Fact Sheet: President Trump Creates Strategic Bitcoin Reserve and U.S. …

s of today, President Donald J. Trump has taken a significant step in positioning the United States as a frontrunner in government digital asset strategy by signing an Executive Order to establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. This bold move marks the creation of a Strategic Bitcoin Reserve, treating bitcoin as a reserve asset capitalized with bitcoin forfeited in criminal or civil asset forfeiture proceedings by the Department of Treasury.

Additionally, the Order mandates that other agencies assess their legal authority to transfer any bitcoin they own to the Strategic Bitcoin Reserve. The U.S. pledges not to sell any bitcoin deposited into this reserve, maintaining it solely as a reserve asset.

To further bolster the U.S.’s digital asset portfolio, the Executive Order establishes a U.S. Digital Asset Stockpile, encompassing digital assets beyond bitcoin obtained through forfeiture proceedings. The government will not procure additional assets for this stockpile beyond what is forfeited.

The Order empowers the Secretaries of Treasury and Commerce to develop budget-neutral strategies to acquire more bitcoin, ensuring that these strategies do not impose any additional costs on American taxpayers. Moreover, the Secretary of the Treasury is authorized to devise responsible stewardship strategies for the U.S. Digital Asset Stockpile, including potential sales from its holdings.

Federal agencies are directed to provide a comprehensive account of their digital asset inventories to the Secretary of the Treasury and the President’s Working Group on Digital Asset Markets. This measure ensures a strategic and centralized approach to managing digital assets under U.S. control, resolving existing challenges in handling cryptocurrencies seized through forfeiture.

President Trump’s impactful Executive Order addresses the current crypto management gap in the U.S. by capitalizing on the strategic benefits of bitcoin as a store of value in the global financial system. Premature sales of bitcoin have incurred significant costs on the U.S. taxpayers, emphasizing the need for a cohesive approach to managing the government’s cryptocurrency holdings.

President Trump champions America’s role as the global leader in cryptocurrency. With an unwavering commitment to making the U.S. the “crypto capital of the world,” his Administration has consistently advocated for embracing digital assets to drive economic growth and technological leadership. Appointing a “crypto czar” and hosting a crypto summit at the White House are just a few examples of President Trump’s dedication to positioning America at the forefront of the digital asset revolution.