Trump Establishes Strategic Bitcoin Reserve Ahead of Crypto Summit

U.S. President Donald Trump has signed an executive order to create a Strategic Bitcoin Reserve, marking a major shift in the government’s approach to digital assets.

The order, issued Thursday, comes just ahead of a planned White House meeting with cryptocurrency executives.

The reserve will be capitalized using

confiscated through criminal or civil asset forfeiture cases, according to David Sacks, the White House’s cryptocurrency and AI advisor.

The Treasury Department will oversee the initiative, managing a separate US Digital Asset Stockpile to handle other digital assets seized by the government.

Trump’s order states that the limited supply of Bitcoin presents a “strategic advantage” for nations that move quickly to secure reserves. In addition to Bitcoin, the president has identified four other cryptocurrencies—Ethereum, XRP, Solana, and Cardano—as assets to be included in the government’s holdings.

Crypto Industry Awaits Details at White House Summit

The executive order also mandates a full audit of the U.S. government’s existing digital asset holdings. Sacks revealed that the federal government possesses approximately 200,000 Bitcoin, valued at around $17.6 billion based on current market prices.

The move has drawn mixed reactions from the cryptocurrency industry. Trump, who previously expressed skepticism about Bitcoin, has increasingly positioned himself as an ally to digital asset investors.

Despite the establishment of the reserve, the White House clarified that no additional digital assets will be purchased beyond those obtained through forfeiture proceedings.

Trump is expected to formally discuss the initiative at Friday’s White House crypto summit, where industry leaders anticipate further clarification on the administration’s long-term plans for digital asset management.

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