Techub News reports, according to Cryptoslate, Satoshi Action Fund co-founder Dennis Porter tweeted: "I can confirm that Trump is exploring an executive order to create a 'Strategic Bitcoin Reserve (SBR)'. The U.S. Treasury has the authority to purchase other currencies through the Exchange Stabilization Fund (ESF) to stabilize the dollar. Trump will use these funds to buy Bitcoin." The ESF is typically used to stabilize financial markets during crises, and as of October 2024, it has total assets exceeding 200 billion dollars.