America's Strategic Reserve of Bitcoin
In an unprecedented move, Trump signed an executive order on Thursday, March 6, 2025, to establish a "strategic reserve of Bitcoin", which includes about 200,000 Bitcoins (equivalent to $17.5 billion at current market prices), acquired through previous legal confiscations.
In this context, David Sachs, Chairman of the Presidential Task Force on Digital Assets, said in a statement to the "Investors" website: "This public reserve of Bitcoin is very similar to the US gold reserves. It is a historic step to enhance the financial stability of the United States and protect digital assets."
“This summit is a pivotal moment for the digital asset industry, and the decisions it makes will shape the future of financial regulation in this sector,” Elitsa Taskova, product manager at Nexo, told Reuters.