Trump Creates Strategic Bitcoin Reserve

An official executive order has been signed.

US President Donald Trump has officially created the Strategic Bitcoin Reserve. The corresponding decree has already been signed.

This is reported by Bloomberg with reference to a post on the X social network by David Sacks, the chief White House specialist on AI and cryptocurrencies.

According to the publication, bitcoin and other tokens fell after the signing of the decree, as Sacks said that taxpayers' money will not be spent on purchasing cryptocurrencies.

According to Sacks, the reserve will be capitalised with bitcoins already owned by the federal government that have been seized in criminal or civil proceedings, and the US will not sell any cryptocurrency contributed to the reserve.

‘The government will not acquire additional assets for the reserve beyond those resulting from the confiscation,’ he wrote.

Trump's order authorises the Secretaries of Treasury and Commerce to develop ‘budget-neutral strategies’ for purchasing additional bitcoins, provided it does not impose additional costs on US taxpayers.

Sacks added that the same executive order creates another stockpile consisting of other digital assets besides bitcoin.

Bloomberg writes that bitcoin fell about 4 per cent to $86,000 at 8:10 p.m. New York time on Thursday. Four other tokens that Trump has said he wants to include in the US reserve - XRP, Ether SOL and ADA - also fell at least 3.5 per cent.

We remind you that on the last day of February 2025, the value of bitcoin fell by 25% compared to the all-time high. The reason for this was Asian trading. In particular, traders cancelled the bids made after the election of Donald Trump as President of the United States.

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