#StrategicBTCReserve The Strategic Bitcoin Reserve is a national reserve asset established by President Donald Trump's executive order on March 6, 2025. This reserve aims to maintain government-owned Bitcoin as a strategic asset, alongside a Digital Asset Stockpile for other cryptocurrencies.
*Key Aspects:*
- *Purpose*: Harnessing the power of digital assets for national prosperity and making the US the "crypto capital of the world".
- *Funding*: Capitalized with Bitcoin already owned by the federal government, approximately 200,000 BTC.
- *Management*: Administered and maintained by the US Treasury, with strategies for acquiring additional Bitcoin to be developed.
- *Digital Asset Stockpile*: A separate stockpile for non-Bitcoin digital assets forfeited to the Treasury.
*Potential Implications:*
- *Market Impact*: The reserve's creation could boost Bitcoin's legitimacy and price, but also raises concerns about government manipulation.
- *Regulatory Clarity*: The executive order marks a significant step towards clear cryptocurrency regulations in the US.
*Global Reactions:*
- Some countries like Belarus and Pakistan are exploring cryptocurrency adoption.
- Others like South Korea and the European Union have expressed concerns.
- 16 US states have introduced Bitcoin reserve legislation, with Oklahoma, Utah, Arizona, and Texas successfully passing their bills out of committee ¹.