US President Donald J. Trump has signed an Executive Order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, aiming to position the United States as a leader in government digital asset strategy.
The order creates two main components:
1. A Strategic Bitcoin Reserve that will hold bitcoin seized through forfeiture proceedings, with no plans for immediate sale.
2. A U.S. Digital Asset Stockpile containing other digital assets seized through similar proceedings.
Key aspects of the plan include:
– Agencies must report their digital asset holdings to the Treasury Secretary and the President’s Working Group on Digital Assets.
– The Treasury Secretary will develop budget-neutral strategies for acquiring additional bitcoin, without increasing taxpayer costs.
– No clear policy existed before this order, leading to a lack of accountability in managing these assets.
This move aims to capitalize on digital assets for national prosperity and fulfill President Trump’s promise to make the US a leader in cryptocurrency.
Source: https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-establishes-the-strategic-bitcoin-reserve-and-u-s-digital-asset-stockpile