Trump's executive order on Bitcoin includes details of the "neutral budget": Saylor ready for duty 🤯

The reserve decision signed by US President #Donald_Trump opens the door for action by maintaining a "neutral budget" status for additional Bitcoin purchases beyond the current reserve of 200,000 #BTC. According to analysts, this also reveals the possibility for the United States to buy Bitcoin by selling gold.

The decree signed by US President Donald Trump at 00:00 UTC to create a Bitcoin reserve extends to the distribution of nearly 200,000 Bitcoins held as reserves by the government. The decree authorizes the Secretaries of Treasury and Commerce to develop a strategy for purchasing additional Bitcoin while maintaining a "neutral budget" amount. The neutral budget balance also means that the government does not increase net budget spending on Bitcoin purchases.

Michael Saylor has been requested for this position.

On the other hand, Michael Saylor, Chairman of Strategy, which holds nearly 500,000 Bitcoins, stated that Bitcoin is being stored for purchase by maintaining a neutral budget balance. Saylor responded to White House cryptocurrency chief David Sachs: "I have some strategies for buying more Bitcoins." Saylor is also among the names attending the cryptocurrency summit.