Trump’s Executive Order Sparks Speculation: Will the US Government Invest in Bitcoin?

On February 3, 2025, President Trump signed an Executive Order to establish a US Sovereign Wealth Fund. The order was given to the Department of Treasury, which is headed by Scott Bessent, and Commerce Secretary nominee Howard Lutnick. They were instructed to devise a plan for the fund within the next 90 days. This order has sparked speculation across the country among those in government and professionals in the crypto space.

Wyoming Senator Cynthia Lummis, who is well known for her advocacy of Bitcoin, said this move by the president is a “big deal” for Bitcoin, even though the order did not mention anything about crypto or digital assets. Bessent and Lutnick on separate occasions have expressed interest in Bitcoin, and because they are involved in the project, many believe there is a possibility that the sovereign wealth fund will include crypto and other digital assets.

During his first tenure, Trump expressed many concerns about Bitcoin. However, during his campaign in 2024, he made promises to create a national Bitcoin reserve. And now that he signed this executive order, he might be on his way to fulfilling that promise.

For any individual or government, holding large amounts of Bitcoin comes with security concerns. How do you safely store it? How do you safely manage it? These are the questions. For individuals, a simple yet secure crypto wallet like the Best Wallet Token is sufficient. You can deposit, spend, buy, sell, stake, or swap your tokens on the go. No problems.

However, the government would need institutional-grade cold wallets and multi-signature wallets. Cold wallets are the safest forms of storage for digital assets because they are offline, making them safe from cyberattacks. Still, using only them could slow its users down when they need to react promptly to sudden market moves. Having multi-signature wallets is crucial for large organizations (like the government) so that no one person has total control over the stockpile.

Should the US government go ahead with Trump’s promise, it can learn a thing or two about Bitcoin reserve management from El Salvador, given that it was the first country to adopt the digital asset as a legal tender. The US is home to the biggest crypto companies, and with Trump’s passion for homegrown solutions, we can expect to see military-grade storage solutions when the time comes.

Since the beginning of 2025, Bitcoin historical data show the price has been hovering between $93k — $106k and market capitalization between $1.8 trillion — $2.07 trillion. If the US government moves to adopt Bitcoin officially, it is almost certain to inspire other governments and central banks to follow suit. This will push demand and that will certainly drive the price and market cap even higher.

For now, it is still too early to tell whether or not the US government will invest in Bitcoin but all the right moves seem to be in play. According to the White House, “The Federal government directly holds $5.7 trillion in assets.” With the creation of the sovereign wealth fund, President Trump aims to ensure long-term competitiveness, fiscal sustainability, and maximum economic growth.