🚨 DEEP DIVE: Trump’s Executive Order establishes two separate entities. A Strategic Bitcoin Reserve and a Digital Asset Stockpile.
The Strategic Bitcoin Reserve will hold only $BTC recognized as the best store of value.
The government already possesses around 200,000 BTC from criminal and civil forfeitures, and the order authorizes Bessent and Lutnick to explore ways to acquire more BTC without taxpayer cost. A full audit of all digital assets in government possession has also been ordered.
The Digital Asset Stockpile will contain non-Bitcoin digital assets like $ETH, $XRP, $ADA, and $SOL (as mentioned by Trump last weekend). However, the government will not actively seek to acquire more of these assets only BTC.
The key difference? The Reserve is a long term BTC strategy, with potential future acquisitions. The Stockpile is strictly for holding forfeited non BTC assets, under responsible Treasury stewardship.
Trump is locking down America’s digital asset strategy and making sure Bitcoin is the priority.