• The U.S. government will store seized Bitcoin as a national asset instead of selling it.
• An audit will track all federal cryptocurrency holdings for transparency.
• The reserve will not use taxpayer money and will only include confiscated digital assets.
President Donald Trump has signed an Executive Order to create a Strategic Bitcoin Reserve. The initiative will consolidate Bitcoin obtained through criminal and civil asset forfeiture. The government will maintain digital assets as long-term valuable assets instead of selling them.
The Strategic Bitcoin Reserve will not include government-purchased Bitcoin. It will only consist of assets seized through legal forfeiture proceedings. The administration’s decision prevents the sale of these assets, reinforcing Bitcoin as a store of value.
Impact on U.S. Crypto Strategy
Critics argue that the reserve consists only of seized Bitcoin and does not involve government purchases. The government has officially stated that it will NOT purchase Ethereum, XRP, ADA or SOL tokens or any other virtual currencies. The initiative remains focused on Bitcoin.
