Trump Signs Executive Order for Strategic Bitcoin Reserve

President Donald Trump has signed an Executive Order establishing a Strategic Bitcoin Reserve. This initiative will utilize Bitcoin obtained through federal criminal and civil asset forfeiture proceedings, as noted by David Sacks, the White House AI and crypto czar, on X.

> Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.
>
> The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it…
> — David Sacks (@davidsacks47) March 7, 2025

The reserve is projected to include approximately 200,000 Bitcoin currently owned by the federal government, although a complete audit has never been conducted. The executive order mandates a thorough accounting of the government’s digital asset holdings.

> “The U.S. will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value,” stated David Sacks. “Premature sales of bitcoin have already cost U.S. taxpayers over $17 billion in lost value.”

The Treasury and Commerce Secretaries have been authorized to create budget-neutral strategies for acquiring additional Bitcoin, ensuring that there are no extra costs to taxpayers. The Digital Asset Stockpile will manage other forfeited digital assets under the Treasury Department’s oversight, with no plans for additional acquisitions beyond these forfeitures.

> “This Executive Order underscores President Trump’s commitment to making the U.S. the ‘crypto capital of the world,’” Sacks remarked, also recognizing Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick for their support through the President’s Working Group on Digital Asset Markets.