Trump Signs Executive Order to Establish Strategic Bitcoin Reserve

• Relevant Background: On March 6, 2025, local time, David Sachs, the U.S. cryptocurrency affairs chief, stated that President Trump signed an executive order to establish a strategic Bitcoin reserve.

• Specific Details: The strategic reserve is capitalized with approximately 200,000 Bitcoins owned by the federal government, which were seized from criminal or civil cases, and will not impose an additional burden on taxpayers. The U.S. will not sell any Bitcoins deposited in the reserve, using them as a means of value storage. Additionally, the executive order establishes a U.S. digital asset reserve to store other seized digital assets besides Bitcoin. At the same time, the order directs a comprehensive review of the U.S. government's digital asset holdings.