Donald Trump Signs Executive Order To Create Bitcoin Reserves

Donald Trump (photo: @realdonaldtrump)

JAKARTA - United States (US) President Donald Trump has signed an executive order to back up strategic Bitcoin and supply digital assets in his country.

The news was delivered directly by the head of AI and White House crypto, David Sacks in X, who said the reserves would be capitalized with the confiscated federal government's Bitcoin as part of the process of confiscation of criminal or civil assets.

Thus, Sacks insists that this policy will not burden taxpayers. This means it will not burden taxpayers a penny," he said.

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…

— David Sacks (@davidsacks47) March 7, 2025

Just a few minutes ago, President Trump signed an Executive Order to start a Strategic Bitcoin Reserve.

The Reserve will be capitalized with Bitcoin owned by the federal government that was forwarded as part of criminal or civil asset forfeiture proceeds. This means it...

The US government is estimated to have around 200,000 Bitcoins, although a complete audit of this ownership has never been carried out. However, Trump's Executive Order instructs thorough accounting of all digital assets owned by the government.

Sacks also insists that Bitcoin in this reserve will not be sold, but will be kept as a store of value, similar to how the US government holds gold in Fortef.

The US will not sell bitcoins stored in the Reserve. Bitcoin will be stored as a store of value. Reserves such as Fort tribe digital for cryptocurrencies that are often called digital gold, "he continued.

The decision is based on previous experience, in which Bitcoin's too early sales caused losses of more than 17 billion US dollars (Rp277.7 trillion) for taxpayers due to missed price appreciation.

In addition, the Minister of Finance and the Minister of Trade are authorized to develop a budget-neutral strategy to obtain additional Bitcoin, as long as the strategy does not burden the state budget.