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Trump Signs Order to Establish Bitcoin Reserve

Despite the major executive order, BTC price is still trading below $90,000.
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Mar 7, 20251 min read

President Trump has signed an executive order to create a Strategic Bitcoin Reserve, likening it to a digital Fort Knox.

What’s the Scoop?

  • No Cost to Taxpayers: The reserve will be capitalized with Bitcoin forfeited by the federal government in criminal or civil proceedings, ensuring no taxpayer money is spent.
  • Digital Asset Accounting: The order mandates a full accounting of federal digital asset holdings, with 198,109 BTC already in possession.
  • Digital Fort Knox: Bitcoin in the reserve will not be sold and is held as a store of value, similar to the concept of Fort Knox.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.