President Donald Trump Signs Executive Order Creating a Strategic Bitcoin Reserve

President Donald Trump signed an executive order on Thursday creating a Strategic Bitcoin Reserve, marking a major shift in U.S. digital asset policy.

President Donald Trump announced a major shift in U.S. digital asset policy on Thursday with the creation of a Strategic Bitcoin Reserve, according to an executive order seen by.

The reserve will be funded exclusively with bitcoin seized in criminal and civil forfeiture cases, ensuring that taxpayers bear no financial burden, Trump's Crypto and AI Czar David Sacks, a Silicon Valley venture capitalist, wrote in a post on X.

It is estimated that the U.S. government currently holds about 200,000 bitcoin, although no full audit has ever been completed.

Trump's order mandates a complete accounting of federal digital asset holdings and prohibits the sale of bitcoin from the reserve, positioning it as a permanent store of value.

Moreover, the order establishes a U.S. Digital Asset Stockpile, managed by the Treasury Department, to collect other confiscated cryptocurrencies.

The news comes after several crypto investors who have supported Trump expressed concerns over the weekend following the president's post on Truth Social.

In the post, Trump said that in addition to bitcoin, ether, XRP, Solana's SOL token, and Cardano's ADA coin would be part of a strategic crypto reserve. However, a source familiar with the matter told CNBC on Monday that Trump will ultimately sign an order to create only a bitcoin reserve.

"I have nothing against XRP, SOL, or ADA but I do not think they are suitable for a Strategic Reserve," bitcoin billionaire Tyler Winklevoss wrote. "Only one digital asset in the world right now meets the bar and that digital asset is bitcoin."

Ahead of the announcement, Castle Island Venture's Nic Carter told CNBC that the U.S. committing to a bitcoin-only reserve would "ratify bitcoin as a global asset of consequence, somewhere in the realm of gold."

"The U.S. is clearly the most important nation in the world, and so their stamp of approval really does a lot for bitcoin," Carter said, adding that including any digital currencies other that bitcoin would have made it look like another speculative fund.