Conditions for the Sale of Strategic Bitcoin Reserves
(a) Principle of Long-Term Preservation. Strategic Bitcoin reserves should serve as a permanent pillar of U.S. financial strength and commitment to the future digital economy, embodying the same spirit with which we defend the Fort Knox gold reserves. The Bitcoin stored in strategic Bitcoin reserves should not be viewed as short-term financial assets. The goal is to establish the strategic Bitcoin reserves as a leader in global Bitcoin holdings, innovation, and management – ensuring U.S. interests, not those of foreign competitors, and setting the standard for the global digital asset strategy.
(b) Strict Liquidity Restrictions. Sales or other forms of strategic Bitcoin reserve liquidity are only permitted in the most extreme and special national economic or security crises. Such crisis determinations must be approved by the President of the United States. Without this explicit authorization, the Secretary of the Treasury is not authorized to sell, mortgage, exchange, or otherwise dispose of any portion of the strategic Bitcoin reserves.
(c) Strict Approval Procedures. Before any sale is conducted, the Secretary of the Treasury must submit a detailed written decision, supported by sufficient evidence, demonstrating that the proposed sale directly addresses the specific national economic or security crisis.
(d) Transparent and Controlled Execution. In rare cases, if a sale is approved, it should be conducted in the most fair and strictly controlled manner to minimize market impact and maintain public confidence. Priority should be given to private, staggered transactions or other measures to ensure that even in a crisis, the nation's reputation for financial prudence and responsibility is upheld.
