On March 9, 2022, President Donald Trump signed an executive order to establish the "Strategic Reserve for Bitcoin" and "Digital Asset Inventory" [1]. This reserve aims to hold Bitcoin seized from criminal and civil cases as a reserve asset, without selling it, similar to how gold is held in Fort Knox [2].

The U.S. government estimates it owns about 200,000 Bitcoins, valued at approximately $17 billion [3]. The inventory also includes other digital assets such as Ethereum, Cardano, Solana, and XRP [4].

Trump promotes this move as part of his efforts to make America the "capital of digital currencies" [1]. However, the plan has faced criticism from economists who believe that relying on volatile assets like Bitcoin to pay off national debts could be risky [5].