The President of the United States – Donald Trump has officially made the first move in creating a strategic crypto reserve, with Bitcoin taking the first seat. The announcement was made by David Sacks – White House-appointed ‘Crypto Czar’ – on X, earlier today. It stated,
“Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve. The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a dime.”
