$BTC

President Donald Trump has signed an executive order to establish a U.S. strategic $BTC reserve, marking a significant policy shift toward cryptocurrency. This reserve will be funded by bitcoin seized in criminal or civil proceedings, creating a "virtual Fort Knox" for digital assets within the Treasury. The government's bitcoin holdings are estimated at approximately 200,000 $BTC . The executive order also mandates budget-neutral strategies for acquiring additional bitcoin without burdening taxpayers. This move aims to bolster American economic competitiveness and serve as a model for other countries. Industry leaders have praised this initiative, viewing it as a step toward institutional legitimacy for bitcoin. However, some in the crypto community had hoped for more aggressive government purchases of bitcoin.