Trump Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
- President Trump signed an executive order to create a Strategic Bitcoin Reserve.
- The reserve will hold 200,000 Bitcoin obtained through federal forfeitures.
- No premature sales of Bitcoin will occur to preserve taxpayer value.
- The executive order mandates a full audit of the government’s digital asset holdings.
- A US Digital Asset Stockpile for other forfeited digital assets is also established.
The executive order aims to secure a strategic reserve of Bitcoin and other digital assets, ensuring their value as a national store while avoiding taxpayer losses. The initiative aligns with efforts to position the US as a leader in crypto innovation.
Source (2.6)https://cryptobriefing.com/trump-strategic-bitcoin-reserve/?rand=59535