$BTC The discussion of "Trump BTC Treasury" primarily focuses on the U.S. government's holdings of Bitcoin as a strategic asset, and how these holdings are conceptualized **on a BTC pair**—specifically against the US dollar (BTC/USD).

Under the Trump administration's recent executive order, a "Strategic Bitcoin Reserve" was established, where seized Bitcoin is held rather than sold. This signals a fundamental shift: Bitcoin is now viewed as a reserve asset, similar to gold. While the Treasury isn't actively trading on BTC pairs for profit, the value of this reserve is inherently measured against the dollar. The policy aims to make the U.S. a "crypto capital," implying a focus on Bitcoin's long-term strength and its valuation within global financial markets, with the BTC/USD pair being the primary benchmark for its national economic significance.