$BTC Trump establishes a "digital Fort Knox" with a strategic reserve of U.S. Bitcoin: How will the cryptocurrency market react?
In a significant shift in digital asset policy, U.S. President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve.
This measure marks the first time the U.S. government will formally own Bitcoin as a long-term asset.
According to David Sacks, AI and cryptocurrency czar of the White House, the reserve will be funded exclusively with Bitcoin seized through asset forfeiture, meaning it will not require funding from taxpayers.