🚨 David Sacks, the White House AI & Crypto Czar, Reveals Strategic Bitcoin Reserve Proposal on Bloomberg
In a landmark interview, David Sacks confirmed the U.S. government has quietly amassed over 400,000 BTC through criminal forfeitures and seizures over the past decade.
He emphasized that haphazard sell-offs have already cost U.S. taxpayers more than $17 billion, calling for an urgent pivot: the creation of a Strategic Bitcoin Reserve.
This proposal aims to protect and maximize national crypto assets — rather than selling into weakness, the government would strategically hold BTC as a sovereign financial instrument.
President Trump’s latest executive order signals a bold new direction, recognizing Bitcoin’s scarcity, resilience, and strategic importance in the emerging digital economy. While questions remain around asset audits and custody, the shift is clear: the U.S. is preparing to lead in the crypto era.
📌 Key Takeaways:
• 400,000 BTC held by U.S. government (via seizures)
• $17B+ lost through poorly timed sell-offs
• New Strategic Bitcoin Reserve proposed
• Trump acknowledges BTC as a national asset
