Breaking: In a groundbreaking move, President Donald Trump has signed an Executive Order establishing the United States’ Strategic Reserve of Bitcoin, marking a pivotal moment in the nation’s approach to cryptocurrencies.
According to reliable sources, including posts on X by Documenting Bitcoin and statements from the White House, this development fulfills Trump’s campaign promise to position the U.S. as the “crypto capital of the world.” The order, signed earlier today in the Oval Office, utilizes Bitcoin seized through criminal and civil asset forfeitures, aiming to prevent losses from premature sales that have previously cost taxpayers billions.
The investigation, which is developing rapidly, reveals that the reserve will hold approximately 200,000 Bitcoin currently owned by the federal government, worth around $18.5 billion at recent market prices. Confirmed by insiders at the White House Crypto Summit held on March 7, 2025, the reserve will not involve taxpayer funds but will instead manage existing digital assets. Moreover, the order establishes a U.S. Digital Asset Stockpile for other seized cryptocurrencies like Ether, XRP, Solana, and Cardano, ensuring responsible stewardship under the Treasury Department.
However, the crypto market reacted with volatility, as Bitcoin’s price dropped 10% in the last 24 hours, trading at around $86,792. Sources say this dip follows broader market uncertainty, though Bitcoin had surged to a record high of $109,071 earlier this year amid Trump’s pro-crypto announcements.
Historically, the U.S. has maintained strategic reserves like the Strategic Petroleum Reserve for oil, established in 1975 after an oil embargo. In the wake of previous government sales of seized Bitcoin—losing over $17 billion in potential value—Trump’s order directs a full audit of federal digital assets and prohibits selling Bitcoin in the reserve, treating it as a “digital Fort Knox” or store of value.
According to David Sacks, Trump’s crypto and AI czar, “This Executive Order underscores President Trump’s commitment to supporting cutting-edge technology and keeping the U.S. a leader in digital assets.” In a statement, Treasury Secretary Scott Bessent added, “This strategic approach maximizes the value of government-held assets without burdening taxpayers.”
The impact of this move is immediate and significant. Officials describe it as urgent, urging crypto industry stakeholders to adapt to this new regulatory landscape. The reserve could stabilize Bitcoin’s role in the U.S. economy, but critics warn its volatility and lack of intrinsic use might limit its effectiveness as a strategic asset.
In summary, Trump’s creation of a Strategic Bitcoin Reserve marks a historic shift in U.S. crypto policy, leveraging seized assets to build a digital reserve. The bottom line is that as further details emerge—especially on managing volatility and market impacts—readers should stay tuned for more comprehensive coverage. Key takeaways include the reserve’s use of existing Bitcoin, its role as a store of value, and its potential to reshape America’s position in the global crypto market.