According to Wu, US President Trump signed an executive order in March instructing the Treasury Department to establish a "Strategic Bitcoin Reserve" and a "U.S. Digital Asset Reserve." Cryptocurrencies confiscated by the government through criminal or civil proceedings will be included in the reserve.
According to Chainalysis analysis, as of May 28, the U.S. government held approximately $20.4 billion in Bitcoin and $493 million in other digital assets, mainly from criminal activities.
