The United States officially build a strategic Bitcoin reserve
US President Donald Trump officially made the United States the largest nation-state owner of Bitcoin by signing an executive order to create a strategic Bitcoin reserve this evening. The reserve will hold an estimated 200,000 BTC, which represents a significant change in the US financial strategy and reinforces the role of Bitcoin in the global economy.
David Sacks, President Trump’s Crypto Czar, continued to exhibit the newly established reserve and explained that Bitcoin’s reserve is already being financed in the possession of the Federal Government, in particular assets that have been exposed to the asset procedure for criminal and civilian assets. “This means that the taxpayer will not cost a cent,” he emphasized.
The Executive Ordinance also prescribes a comprehensive examination of the Bitcoin Holdings of the Federal Government, since the exact amount of BTC has never been fully taken into account under US control. Sacks stated: “It is estimated that the US government has around 200,000 Bitcoin. However, there has never been a complete exam. The EO leads a complete accounting for the federal government’s digital assets. “
An important provision of the executive regulation ensures that the government will not sell Bitcoin stored in the reserve. Instead, it serves as a long -term value memory, whereby sacks compared with “a digital Fort Knox for cryptocurrency, which are often referred to as” digital gold “.
Sacks underlined past financial appearances and explained how the early turn of Bitcoin by the government of taxpayers cost over $ 17 billion in added value. With the new reserve, the administration tries to avoid such losses and at the same time maximize the long -term value of Bitcoin.
In addition, the executive order grants the Secretary of the Ministry of Finance and the trade to develop budget -neutral strategies for the acquisition of more Bitcoin, provided that such acquisitions do not apply to American taxpayers at no incremental costs.
The Executive Ordinance also defines a US Digital Asset Stockpile, which includes non-Bitcoin digital assets that are confiscated in the loss procedure. For this inventory, however, no additional assets are acquired that go beyond those who have been preserved by such means.
Sacks ended with the praise of the administration of the administration for digital assets: “President Trump promised to create a strategic Bitcoin reserve and a digital asset stock. These promises were kept. “He wrote important civil servants, including the Minister of Finance Scott Bessent, the Minister of Commerce Howard Lutnick, and the managing director Bo Hines for their role in executing this initiative.
This groundbreaking decision positions the United States at the head of the global Bitcoin economy. With this step, President Trump’s administration signals a courageous hug of Bitcoin as the core component of the national financial strategy.
