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Trump Signs Order for Bitcoin Reserve, Crypto Stockpile

Digital Assets | March 7, 2025

White House Bitcoin strategic reserve

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Trump Signs Executive Order Establishing Strategic Bitcoin Reserve and Digital Asset Stockpile

On March 6, 2025, President Donald Trump signed an executive order to create a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile (read the Fact Sheet), which was announced by White House AI and Crypto Czar David Sacks on X. This is an historic shift in U.S. policy towards the crypto sector.

David Sacks on X:

"Promises made, promises kept.  This Executive Order underscores President Trump’s commitment to making the U.S. the 'crypto capital of the world.'"

What The Executive Order Means

The executive order creates a Strategic Bitcoin Reserve, which acts like a digital version of gold reserves. Instead of selling Bitcoin seized in legal cases, the government will hold onto it as a long-term asset to ensure Bitcoin is part of America's financial strategy rather than being liquidated. Government agencies must determine if they have any seized Bitcoin that should be transferred into the reserve. The Treasury and Commerce Departments have also been given authority to look for ways to increase the government’s Bitcoin holdings without using taxpayer money.

See:  SEC Commissioner Peirce Consults on Crypto Regulations

Also to address the debate over a dedicated Bitcoin reserve vs a basket of crypto, the order establishes a U.S. Digital Asset Stockpile to handle other cryptocurrencies seized by the government. However unlike Bitcoin which will be kept as a long-term asset, the government has the option to sell other digital assets in the stockpile when needed. The Treasury Secretary will be responsible for deciding how to manage these assets.

For transparency, the order requires a complete audit of all digital assets held by the government. Every federal agency must report exactly what cryptocurrencies they have so they can be tracked and managed.

Fixing the Gaps Government's Crypto Strategy

President Trump’s executive order puts an end to the government’s uncoordinated approach to handling seized digital assets.  "Premature sales of Bitcoin have already cost U.S. taxpayers over $17 billion," Sacks noted. The new policy ensures that all digital assets are managed under a unified strategy led by the Treasury Department, preventing rushed sales and maximizing the value of crypto held by the government.

See:  Trump’s U.S. Crypto Reserve Sparks Market Surge, Debate

By placing all government held digital assets under the Treasury’s control and requiring a full audit, this order creates a more organized and accountable system. This move not only helps the U.S. get the most value from its crypto holdings but also sets an example for how other governments might approach digital asset management.

What’s Next?

Today from 1:30 PM to 5:30 PM EST, the White House is hosting a Crypto Summit or roundtable with key policymakers and industry leaders to discuss the impact of the executive order and other key agenda items in focus around securing Bitcoin's place in U.S. financial infrastructure.  Cointelegraph has published a list of confirmed attendees who accounts for about 22 executives to participate on the future of digital assets in the U.S.

Here's a PBS link for your viewing.  Kickoff time seems to be quite fluid, looks like around 3 PM EST:


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