US President-elect Donald Trump is reportedly considering an Executive Order to create a Strategic Bitcoin Reserve (SBR), according to Satoshi Act Fund founder Dennis Porter. On Dec. 15, Porter claimed on social media platform X that Trump plans to utilize the Treasury’s Exchange Stabilization Fund (ESF) after his inauguration to implement this strategy.
The ESF, which is used to stabilize the financial markets during crises, has assets worth more than $200 billion. Porter stressed the importance of this move for US financial strategy and indicated that his organization would push for state-level legislation to advance the SBR agenda if Trump does not proceed with the executive order.
The concept of a Strategic Bitcoin Reserve is gaining traction globally, with several US states and countries like Brazil considering similar measures.
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