Key Points
- Trump establishes a Strategic Bitcoin Reserve for US holdings.
- A Digital Asset Stockpile will store seized cryptocurrencies.
- The government wonโt sell Bitcoin from the reserve.
- A full audit of US crypto assets has been ordered.
In a historic shift, US President Donald Trump has signed an executive order to create a Strategic Bitcoin Reserve and a Digital Asset Stockpile. The reserve will be seeded with Bitcoin seized in criminal and civil cases, marking a major change in how the US government manages digital assets.
White House AI and crypto czar David Sacks confirmed the move on X (formerly Twitter), calling the reserve a “digital Fort Knox for Bitcoin.” Unlike past policies where the government auctioned seized Bitcoin, this reserve will not be sold and will be held as a long-term store of value.
JUST NOW!
President Trump signs an Executive Order establishing the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile ๐บ๐ธ pic.twitter.com/N9p2sQknVS
โ Margo Martin (@MargoMartin47) March 7, 2025
The executive order also mandates a full audit of the US government’s crypto holdings. So far, blockchain analytics firm Arkham Intelligence reports that the US controls 198,109 BTC, valued at approximately $17.87 billion. However, there has never been a complete government audit of all its digital asset holdings.
โกBREAKING:
THE US GOVERNMENT CURRENTLY HOLDS 198.1K $BTC WORTH $17.41 BILLION. pic.twitter.com/4r0AEHEgfJ
โ Litest (@LitestApp) March 7, 2025
This decision follows recent speculation about the US governmentโs role in crypto markets. Notably, Trumpโs World Liberty fund was found to have bought $20 million in crypto just before the March 7 White House Crypto Summit (read more).
HISTORY: ๐บ๐ธ The exact moment Texas passed the Strategic Bitcoin Reserve legislation SB 21 in the Senate.
Texas is the 8th biggest economy in the world.
This would be like Italy, France, or India establishing a Bitcoin Reserve. pic.twitter.com/BpvE21bkRh
โ Bitcoin Archive (@BTC_Archive) March 6, 2025
Digital Asset Stockpile to manage altcoins
Alongside the Bitcoin reserve, the Digital Asset Stockpile will store other cryptocurrencies obtained through forfeiture. The governmentโs largest non-Bitcoin crypto holding is Ethereum (ETH), worth $119 million.
However, Trump has suggested that the stockpile may also include XRP, Solana (SOL), and Cardano (ADA)โdespite Arkham Intelligence data showing no record of these assets in US wallets.
Unlike Bitcoin in the Strategic Bitcoin Reserve, which will be held indefinitely, assets in the Digital Asset Stockpile may be sold or managed at the discretion of the Treasury Secretary. The White House has confirmed that no additional crypto purchases will be made, and only seized assets will be included.
Market impact and crypto sentiment shift
The creation of a Strategic Bitcoin Reserve comes at a time when crypto sentiment is fluctuating. Ethereum sentiment recently hit a yearly low (read more), while analysts predict Bitcoin may rally in March (read more). However, Bitcoinโs recent drop below $85K has raised concerns about market volatility (read more).
Bitcoin just dropped below $85K! ๐
Macroeconomic uncertainty, security risks, and regulatory disappointment are shaking the market. Whatโs next for crypto mining?
Stay informed, adapt, and mine smarter with EZ Blockchain!โก#bitcoin #cryptomining #cryptonews #ezblockchain pic.twitter.com/4veAv19w6C
โ EZ Blockchain (@ez_blockchain) February 26, 2025
Trumpโs move suggests a long-term commitment to Bitcoin as a store of value, contrasting with previous US policies of selling seized digital assets. At the same time, David Sacks continues to push for a US Bitcoin reserve and stablecoin regulations under the FIT21 framework (read more).
The establishment of a Strategic Bitcoin Reserve signals the US government’s growing interest in digital assets. This could be the first step toward Bitcoinโs formal integration into national financial strategy.