Trump Establishes Strategic Bitcoin Reserve Using Seized Crypto
Trump has officially signed an executive order creating a Strategic Bitcoin Reserve, just days after announcing his administration’s broader crypto strategy.
This reserve will be funded using Bitcoin seized through criminal and civil forfeiture cases, meaning taxpayers won’t bear any costs, according to White House AI and Crypto advisor David Sacks.
The U.S. government currently holds around 198,109 BTC, valued at roughly $17 billion. Under the new directive, these holdings will remain untouched, serving as a digital equivalent of Fort Knox. Treasury and Commerce officials have been tasked with exploring ways to expand the reserve without additional taxpayer expenses.
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Alongside Bitcoin, a separate U.S. Digital Asset Stockpile will be formed to manage other confiscated cryptocurrencies, though no new assets will be added beyond those obtained through legal actions. The administration’s use of terms like “reserve” and “stockpile” has sparked some confusion in recent months.
Sacks praised Trump for his leadership in advancing crypto policy, as industry leaders prepare to attend a digital asset summit hosted by the president. Earlier in the week, Trump’s plan for a broader crypto reserve, which would include XRP, Solana, and Cardano, raised debate within the community over the merits of including certain assets.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
