US President Donald Trump has officially made the United States the largest nation state holder of Bitcoin by signing a executive order tonight to set up a strategic Bitcoin Reserve. The reserve will have estimated 200,000 BTC, which marks a significant shift in the US economic strategy and strengthens Bitcoin’s role in the global economy.
David Sacks, President Trump’s Krypto -Czar, provided further clarification on the newly established reserve stating that the reserve will be funded by Bitcoin already owned by the federal government, specifically actively lost in criminal and civilian loss. “This means that it will not cost taxpayers a penny,” he emphasized.
The executive order also requires a comprehensive revision of the Federal Government’s Bitcoin stocks, as the exact amount of BTC under US control has never been explained. Sacks noted: “It is estimated that the US government owns about 200,000 Bitcoin; However, there has never been a complete audit. The EO is conducting a full account of the Federal Government’s digital asset portfolio. “
An important provision in the executive order ensures that the government will not sell any Bitcoin deposited in the reserve. Instead, it will act as a prolonged value of value where sacks are similar to the one with “a digital fort Knox for cryptocurrency, often called ‘digital gold.’
When they highlight earlier financial mistakes, Sacks explained how premature sales of Bitcoin by the government have the cost of taxpayers over $ 17 billion in lost value. With the new reserve, the administration seeks to avoid such losses while strategically maximizing Bitcoin’s long -term value.
In addition, the executive order gives the secretaries of the Treasury and Trade the authority to develop budget neutral strategies to acquire more Bitcoin, provided that such acquisitions do not come to any incremental costs for US taxpayers.
The executive order also establishes a US digital asset warehouse that will include non-bitcoin digital assets seized in the forfeiture of the procedure. However, no additional assets will be acquired for this stock beyond those obtained on such funds.
Sacks were ended by praising the administration’s obligation to digital assets: “President Trump promised to create a strategic Bitcoin reserve and digital asset warehouse. These promises have been held. “He credited key officials, including State Caquales Secretary Scott Bessent, Trade Secretary Howard Lutnick and CEO Bo Hines for their role in the performance of this initiative.
This landmark decision is at the forefront of the global Bitcoin economy. With this step, President Trump’s administration signalizes a bold embrace of Bitcoin as a core component of the national economic strategy.