Trump Creates Strategic Bitcoin Reserve for the US
Date: 2025-03-07 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
At the same time, the United States Digital Asset Stockpile is being launched – a fund for storing digital assets seized by the state.
According to the new document, the US government will stop selling confiscated bitcoins and will accumulate them without increasing the tax burden. At the same time, altcoins such as Ethereum, Solana, XRP, Cardano and others will be placed in a separate fund, but the state will not purchase them.
The main provisions of the executive order:
• Confiscated bitcoins are now included in the strategic reserve and are no longer subject to sale.
• A separate fund has been created for altcoins, but their purchase by the state is not envisaged.
• The Treasury and Commerce departments are developing a plan for purchasing bitcoins that will eliminate additional taxpayer expenses.
• The sale of government bitcoin reserves is prohibited, except in cases of court decisions, compensation for victims of crime, or funding for law enforcement.
• Federal agencies are required to report their digital assets within 30 days.
The document describes bitcoin as “digital gold,” and its limited emission is considered a strategic advantage for the country. According to Arkham, cryptocurrency worth $18.4 billion is stored in wallets controlled by the US government, of which $17.98 billion is 198,100 BTC.
The full text of the order is published on the White House website, and the details of the reserve fund will be discussed at a crypto summit scheduled for March 7.
Before this event, David Sachs, appointed by the Trump administration as the “crypto czar,” said that the sale of bitcoins by the government led to losses of about $17 billion. In his opinion, this was due to the lack of a well-thought-out strategy, which negatively affected taxpayers.
After signing the decree, Sachs clarified that the reserve would be replenished exclusively with bitcoins seized in court proceedings and would not require additional expenses from citizens.
The publication of the decree led to a drop in the bitcoin rate by more than 5%, from $90,000 to $85,000. However, after some time, the price partially recovered, reaching $88.5 thousand by 10:30 Moscow time on March 7.
