**Trump’s Executive Order Establishes a Bitcoin Reserve with 200,000 Seized BTC; No Taxpayer Funding Required. U.S. Avoids $17B Loss from Early BTC Sales; Reserve Focuses on Long-Term Holdings as “Digital Gold.” New Digital Asset Stockpile for Non-Bitcoin Crypto; No New Purchases Allowed Beyond Forfeitures.**
President Donald Trump has officially signed an executive order to create a Strategic Bitcoin Reserve, as confirmed by the White House. This reserve will consist of bitcoin seized by the U.S. government through criminal or civil asset forfeitures, and it will not require any taxpayer funding. A historic moment indeed! Thank you, President Trump! pic.twitter.com/Ql6lG63EEU — David Sacks (@davidsacks47) March 7, 2025
Currently, federal agencies hold around 200,000 bitcoin, although a comprehensive audit has yet to be conducted. The order calls for a thorough review of all digital assets held by the government.
**Reserve Aims to Preserve Bitcoin Value**
The government plans to keep the bitcoin in the reserve rather than sell it, viewing it as a long-term asset. Officials likened this initiative to the storage of physical gold reserves, highlighting Bitcoin’s reputation as “digital gold.” Previous sales of seized bitcoin have led to losses exceeding $17 billion, according to government estimates. The order prohibits any future sales unless they align with strategies aimed at maximizing asset value.
JUST IN! President Trump has signed an Executive Order to establish the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile pic.twitter.com/N9p2sQknVS — Margo Martin (@MargoMartin47) March 7, 2025
The executive order also sets up a U.S. Digital Asset Stockpile for non-bitcoin cryptocurrencies acquired through forfeitures. No new purchases will be made beyond these seized assets. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick will work on strategies to acquire additional bitcoin without using taxpayer money, pending congressional approval.
**Working Group Acknowledges Contributions**
David Sacks, a policy advisor, commended Trump for fulfilling campaign promises to enhance crypto policies. He recognized the efforts of the Presidential Working Group on Digital Asset Markets, which includes Bessent, Lutnick, and Bo Hines, who served as Executive Director. Sacks noted that the administration is moving at “tech speed” to position the U.S. as a leader in digital asset regulation.
Just moments ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve. This Reserve will be funded by Bitcoin owned by the federal government that was forfeited through criminal or civil asset forfeiture proceedings. This means it… — David Sacks (@davidsacks47) March 7, 2025
The order formalizes the management of seized cryptocurrencies, prioritizing retention over immediate sales. Analysts at ETHNews expect the upcoming audit to clarify the government’s bitcoin holdings, while the reserve’s framework could encourage broader institutional adoption.
Source: Tradingview XRP is currently trading.
