Satoshi Action Fund CEO Dennis Porter stated that he can confirm Trump is exploring an executive order to establish a 'strategic Bitcoin reserve'. The Treasury has the authority to stabilize the dollar by purchasing currency through the Exchange Stabilization Fund, and Trump will use this fund to buy Bitcoin; however, he also stated that if Trump does not do this, they will be prepared to create a wave of 'strategic Bitcoin reserves' to apply pressure at the state level. Satoshi Action Fund has drafted a Bitcoin reserve bill in Pennsylvania.