The White House released a fact sheet on the Strategic Bitcoin Reserve and U.S. Digital Asset Reserve established by President Trump today. The details include:

• The Strategic Bitcoin Reserve will be created using Bitcoin that has been forfeited in criminal or civil proceedings.

• Bitcoin will be held as a reserve asset storage and will not be sold.

• The Treasury and Commerce may develop a budget-neutral strategy to acquire additional Bitcoin.

• Establishing the U.S. Digital Asset Reserve for other forfeited digital assets.

• The government will not purchase additional assets for the Digital Asset Reserve beyond the assets that have been seized.

• Requiring agencies to provide complete accounting of digital assets to the Department of the Treasury.

• Positioning the United States as a leader in government digital asset strategy.