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Business

Donald Trump Officially Creates U.S. Bitcoin Reserve

President Donald Trump has officially signed an executive order to create a ‘Strategic Bitcoin Reserve’ and a ‘U.S. Digital Asset Stockpile’, funded by government-seized digital assets.

Haider Jamal
March 7, 2025

Texas Makes History

The reserve will act as a long-term store of value for Bitcoin (BTC). Texas has also introduced a Bitcoin reserve bill (SB-21), aiming to become the first state to hold Bitcoin as a reserve asset.

Source: Arkham Intelligence

Although many have supported the decision and called it a major win for the crypto industry, David Sacks has remained cautiously optimistic, criticizing past government Bitcoin sales, arguing they cost taxpayers billions.

Primarily Bitcoin

The reserve will primarily hold Bitcoin alongside other major cryptocurrencies like XRP, SOL, ADA, and ETH, with BTC and ETH as its core assets. The executive order also establishes a separate stockpile for other digital assets managed by the Treasury Department.

Currently, the U.S. holds approximately $17.71B in seized digital assets, including 198,109 BTC, valued at around $17.87B. However, XRP, SOL, and ADA are not listed among the government’s holdings.

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Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.