BREAKING: We are Witnessing a Historic Moment! US President Donald Trump Signs Bitcoin Strategic Reserve Executive Order

According to the latest information, US President Donald Trump has signed an executive order to establish a Strategic Bitcoin Reserve in the US. However, the reserve will not acquire Bitcoin other than those seized by the government. Details were conveyed by US cryptocurrency chief David Sacks via X.

Sacks noted that the reserve would be funded by Bitcoins seized by the federal government through criminal or civil asset forfeiture, and therefore would not impose any additional cost on taxpayers.

According to current estimates, the U.S. government owns about 200,000 Bitcoins, but a full audit of these assets has never been done before. The new decree calls for a comprehensive accounting of the federal government’s digital assets. Bitcoins in the reserve will not be sold and will be held as a store of value, likening the reserve to a digital Fort Knox for cryptocurrencies dubbed “digital gold.”

Sacks stated that early Bitcoin sales cost US taxpayers over $17 billion in value losses and that with this new strategy, the government aims to maximize the value of its assets. In addition, the Treasury and Commerce Departments were given the authority to develop budget-neutral strategies that do not impose additional costs on American taxpayers.

The executive order also includes the creation of a U.S. Digital Asset Stockpile, comprised of digital assets other than Bitcoin seized through criminal or civil proceedings. The government will not acquire additional assets for this stockpile outside of forfeiture proceedings, and the purpose of the stockpile will be responsible stewardship of government digital assets under the Treasury Department.

Sacks emphasized that President Trump fulfilled his promises to create a Strategic Bitcoin Reserve and Digital Asset Stockpile, underlining his commitment to making the US the “crypto capital of the world” with this executive order. He also thanked Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Task Force Executive Director Bo Hines for their support.

*This is not investment advice.