The President of the United States Donald Trump has officially made the United States the largest Bitcoin state holder by signing an executive order tonight to create a strategic reserve of Bitcoin. The reserve will clean up about 200,000 BTC, marking a significant change in the financial strategy of the United States and strengthening the role of Bitcoin in the global economy.
David Sacks, a cryptographic Czar of President Trump, provided further clarifications on the new reserve, stating that the reserve will be financed by Bitcoin already owned by the Federal Government, in particular the activities dedicated to forfeiture proceedings for criminal and civil activities. “This means that it will not cost taxpayers a penny,” he underlined.
The executive order also imposes a complete audit of the Bitcoin invitations of the Federal Government, since the exact quantity of BTC under the control of the United States has never been fully explained. Sacks observed: “It is estimated that the United States government has about 200,000 bitcoins; However, there has never been a complete audit. The EO directs a complete accounting of the participations of the digital resources of the Federal Government. “
A key order of the executive order guarantees that the government does not sell any Bitcoins deposited in the reserve. Instead, it will serve from a long -term value shop, with bags that compare it to “a strong digital knox for the cryptocurrency often called” digital gold “.
By highlighting the false steps of the past, Sacks explained how Bitcoin premature sales by the government cost taxpayers over $ 17 billion of lost value. With the new reserve, the administration tries to avoid these losses strategically maximizing Bitcoin’s long -term value.
In addition, the executive order guarantees the secretaries of the Treasury and the Commerce of the Authority to develop neutral budget strategies for the acquisition of more bitcoins, provided that these acquisitions have no incremental cost for American taxpayers.
The executive order also establishes a supply of US digital activities, which will include non -Bitcoin digital activities seized in the forfeiture procedures. However, additional activities will not be acquired for this escort beyond those obtained by these means.
Sacks concluded by praising the administration’s commitment to digital resources: “President Trump promised to create a strategic reserve of Bitcoin and an escort of digital resources. Those promises were kept.” He accredited key officials, including the Treasury Secretary Scott Bessent, the Secretary of Commerce Howard Lutnick and the executive director Bo Hines, for their role in the execution of This initiative.
This reference decision positions the United States in the front line in the global economy of Bitcoin. With this move, the administration of President Trump is reporting a bold embrace of Bitcoin as a fundamental component of the national financial strategy.