Trump signs order to establish strategic bitcoin reserve

### **Trump Establishes U.S. Strategic Bitcoin Reserve Using Seized Crypto Assets**

U.S. President **Donald Trump** has signed an **executive order** to create a **Strategic Bitcoin Reserve** using **cryptocurrency assets already owned by the federal government**, disappointing those who expected a fresh government purchase of Bitcoin.

### **Key Highlights:**

- **No New Purchases:** The reserve will consist of Bitcoin seized in criminal and civil asset forfeiture cases, with no immediate plans for new acquisitions.

- **Future Buying Possible:** The Commerce and Treasury Departments are authorized to explore budget-neutral Bitcoin acquisition strategies.

- **Market Reaction:** Bitcoin fell **5% to $85,000** following the announcement but later recovered to **$89,200** in early European trading.

- **Industry Skepticism:** Critics argue that the move is largely symbolic, as it does not involve active purchases to bolster Bitcoin’s value.

In addition to the Bitcoin reserve, the government will establish a **U.S. Digital Asset Stockpile**, holding non-Bitcoin cryptocurrencies seized through legal proceedings. Trump also named **Bitcoin, Ethereum, XRP, Solana, and Cardano** as assets to be included in the reserve.

While some view this as a step toward legitimizing crypto, others see it as a **missed opportunity** for stronger government investment in digital assets.