Strategic Bitcoin Reserve
On March 6, 2025, President Donald
Trump signed an executive order to
establish a Strategic Bitcoin Reserve
and a U.S. Digital Asset Stockpile.
The Strategic Bitcoin
Reserve will be capitalized with
Bitcoin (BTC) owned by the
Department of the Treasury that was
forfeited as part of criminal or civil
asset forfeiture proceedings.
The United States will not sell Bitcoin
deposited into this Strategic Bitcoin
Reserve, which will be maintained as a
store of reserve assets.
The executive order also established
a U.S. Digital Asset Stockpile,
consisting of digital assets other than
Bitcoin owned by the Department of
the Treasury that were forfeited in
criminal or civil asset forfeiture
proceedings.
The government will not acquire
additional assets for the U.S. Digital
Asset Stockpile beyond those
obtained through forfeiture
proceedings.
The goal of the Strategic Bitcoin
Reserve is to treat Bitcoin as a reserve
asset and to maximize its strategic
position as a unique store of value in
the global financial system.
The executive order directs the
Secretaries of Treasury and
Commerce to develop budget-neutral
strategies for acquiring additional
Bitcoin, provided that those strategies
impose no incremental costs on
American taxpayers.
Agencies will explore transferring their
Bitcoin to this reserve and must
provide a full accounting of their
digital asset holdings to the Secretary
of the Treasury and the President’s
Working Group on Digital Asset
Markets within 30 days.
Senator Cynthia Lummis introduced a
bitcoin reserve bill in March 2025, co-
sponsored by five other senators,
aiming to transform the president’s
executive action into enduring law.
The bill would direct a purchase of 1
million BTC over five years, by
diversifying existing federal funds.
The strategic reserve has provoked
mixed reactions, with some
economists criticizing the idea and
others supporting it.
The reserve has also prompted
discussions about the potential impact
on the cryptocurrency market and the
need for clear regulatory policies.
Strategic Bitcoin Reserve:
A reserve asset funded by the United
States Treasury's forfeited Bitcoin,
announced by President Donald
Trump in March 2025.
U.S. Digital Asset Stockpile:
A secure account for orderly and
strategic
management of the United States’
other digital asset holdings,
established alongside the Strategic
Bitcoin Reserve.
Senator Cynthia Lummis:
Introduced a bitcoin reserve bill in
March 2025,
aiming to transform the president’s
executive action into enduring law.
Executive Order 14233: Signed by
President Trump on March 6, 2025, to
establish the Strategic Bitcoin Reserve
and U.S. Digital Asset Stockpile.
The White House Crypto Summit, held
on March 7, 2025, focused on Trump's
plans for a government-owned
stockpile of digital assets, including
Bitcoin and other digital assets like
Ethereum (ETH), XRP (XRP), Solana
(SOL), and Cardano (ADA).
