Empire Newsletter Segment

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President Donald Trump signed an executive order establishing a bitcoin strategic reserve and a digital asset stockpile.

The bitcoin reserve is expected to include roughly 198,000 BTC previously seized by the US government. Crypto czar David Sacks mentioned that Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent will develop “budget-neutral strategies for acquiring additional bitcoin,” as long as these strategies do not incur extra costs to American taxpayers.

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While this is significant, it remains somewhat vague. We hope to gain more clarity at the White House Digital Asset Summit today (note, this is distinct from the Blockworks Digital Asset Summit; if you bought a ticket, confirm you’re attending the NYC event, not DC).

In contrast, the parameters for the stockpile are less clear. It will include crypto (excluding bitcoin) that the US government holds, but specifics on the assets involved are yet to be revealed. A recent social media post from Trump suggested that SOL, ADA, and XRP may be included.

Importantly, the US government will not be acquiring more digital assets for this stockpile, which might alleviate concerns among some, including Empire host Jason Yanowitz, who discussed government strategies with co-host Santiago Santos in today’s episode of Empire.

Source: Arkham

As the summit commences, key questions arise: What assets will constitute the stockpile? Will it include any crypto seized by the US government? Additional details on the reserve’s expansion would also be welcomed.

We anticipate further developments, but for now, we’ll take whatever information is available.