Former U.S. President Donald Trump has taken a bold step toward cementing America’s dominance in the cryptocurrency space with a newly signed executive order.
The order, titled “Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile,” aims to position the U.S. as a global leader in digital assets. Signed on March 6, the directive asserts that holding a substantial Bitcoin reserve provides a “strategic advantage” for the nation.
“The United States Government currently holds a significant amount of BTC but has yet to implement a policy to maximize Bitcoin’s strategic position as a unique store of value in the global financial system,” the order states. “Just as we manage national resources thoughtfully, we must harness—not limit—the power of digital assets for our nation’s prosperity.”
A Massive Bitcoin Stash—But No Plans to Sell
Though the order does not specify the exact amount of Bitcoin owned by the U.S. government, White House Crypto and AI Czar David Sacks claims the federal holdings include 200,000 BTC. With Bitcoin trading above $90,000 per coin at the time of writing, this equates to a $18 billion reserve.
However, Sacks acknowledges that no official audit has been conducted on these holdings. The executive order mandates a full accounting of the government’s digital assets.
As for how these Bitcoin reserves were acquired, Sacks clarifies they stem from criminal and civil asset forfeiture cases. Despite the staggering valuation, the government has no immediate plans to sell, instead viewing the holdings as a long-term store of value—often likened to “digital gold.”
More Than Just Bitcoin: A National Crypto Stockpile
Beyond Bitcoin, Trump’s executive order establishes the United States Digital Asset Stockpile, managed by the Treasury Department. This stockpile will securely manage other digital assets also obtained through forfeiture proceedings, ensuring a structured approach to handling the nation’s crypto wealth.
A Pivotal Moment for U.S. Crypto Policy
The signing of this order comes just ahead of the White House’s first-ever cryptocurrency summit on March 7, where industry leaders will convene to discuss the future of digital assets in the U.S. The event kicks off at 1:30 PM ET.
With this bold move, Trump signals his commitment to making the United States the world’s crypto capital—a vision that could have profound implications for both digital finance and global economic policy.
