#TrumpBTCTreasury U.S. Strategic Bitcoin Reserve (Executive Order)
What it is:
– On March 6, 2025, President Trump signed an executive order to create a Strategic Bitcoin Reserve, funded entirely by bitcoin seized in criminal or civil forfeitures, to be held long-term alongside a Digital Asset Stockpile of non-BTC crypto for the government .
– The order mandates Treasury and Commerce to explore budget-neutral ways to acquire additional BTC; no government BTC will be sold .
– As of March 2025, the U.S. held an estimated 200,000–207,000 BTC—the largest known state crypto balance .
Context & implications:
– This marks a major shift from Trump’s earlier stance as a crypto skeptic and signals U.S. ambition to become the **“crypto capital of the world”** .
– The order also created a White House “Crypto & AI Czar” (David Sacks) and a Crypto Summit, stating the government’s “war on crypto” was over .
– Critics cite conflicts of interest, unstable asset prices, and lack of clear benefit .
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💼 Trump Media & Technology Group (TMTG) “Bitcoin Treasury Deal”
What happened:
– May 27, 2025: TMTG, the company behind Truth Social, announced a $2.5 billion capital raise—$1.5 B in equity + $1 B in convertible notes—to create a “bitcoin treasury” on its balance sheet alongside $759 M cash .
– June 13, 2025: The SEC approved (declared effective) the S‑3 registration enabling the resale and acquisition of BTC by TMTG .
– TMTG now plans to hold BTC with crypto custodians like Anchorage Digital and Crypto.com
