Former U.S. President Donald Trump has signed a new executive order to establish a Strategic Bitcoin Reserve without incurring any additional costs. The government will retain approximately 200,000 Bitcoins seized from criminal and legal proceedings, ensuring they are not sold but instead preserved as a long-term investment.
With this move, the U.S. government is embracing Bitcoin’s reputation as “digital gold” and aims to safeguard its holdings. Reports indicate that previous premature sales of Bitcoin by the government resulted in an estimated $17 billion loss. The new policy seeks to prevent similar mistakes while maximizing the value of these assets. Additionally, the Treasury and Commerce Departments are exploring ways to acquire more Bitcoin without imposing extra financial burdens on taxpayers.
The executive order also includes the establishment of a U.S. Digital Asset Stockpile, which will consist of other cryptocurrencies obtained exclusively through legal seizures.
As one of Trump’s key campaign promises, this decision reinforces the U.S.'s ambition to strengthen its leadership in the cryptocurrency sector.
