The Strategic Bitcoin Reserve is a U.S. government-held stockpile of Bitcoin, funded by assets seized from criminal and civil forfeitures. Key features include:
- No taxpayer-funded purchases : The reserve is initially capitalized with existing government-held Bitcoin (~200,000 BTC, worth ~$17 billion) .
- No immediate selling : Bitcoin in the reserve will be held as a long-term asset, not liquidated .
- Budget-neutral expansion : The Treasury and Commerce departments may acquire more Bitcoin, but only if it doesn’t increase the deficit .
- Separate "Digital Asset Stockpile" : Other cryptocurrencies (e.g., Ethereum, Solana) will be held in a different reserve, though no new purchases are planned .
The policy aims to centralize and strategically manage the U.S. government’s crypto holdings, which were previously scattered across agencies.