US Establishes Strategic Bitcoin Reserve, Manages 400,000 BTC

On March 6, 2025, President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile to enhance the government's management of digital assets like Bitcoin, Ethereum, and others obtained through forfeiture. The U.S. government currently holds approximately 400,000 Bitcoin, valued near $17.5 billion, and aims to preserve these assets without incurring additional taxpayer costs. The Treasury and Commerce departments will oversee these reserves, implementing budget-neutral strategies for potential future expansions. The executive order represents a significant shift towards a more supportive stance on cryptocurrencies compared to previous administrations, with Trump's administration emphasizing long-term preservation of Bitcoin as a strategic asset. A White House cryptocurrency summit scheduled for March 7, 2025, will further discuss these initiatives and aims to position the U.S. as a global leader in crypto assets. Analysts suggest that while the establishment of these reserves could bolster market confidence, broader economic factors will ultimately shape the sustainability of this direction.