Official U.S. government or Treasury Department announcements

Trump to Sign Executive Order for Strategic Bitcoin Reserve, Holding Government-Seized Bitcoin 18 Days Before Inauguration

Jan 2, 2025, 11:34 PM

As the inauguration of President Trump approaches in 18 days, there are pledges to establish a Strategic Bitcoin Reserve, which would involve holding all government-seized Bitcoin. This initiative is anticipated to be formalized through an Executive Order on Trump's first day in office. Supporters are expressing optimism about the potential for a pro-Bitcoin administration, marking a significant shift in the U.S. government's stance on cryptocurrency. However, some analysts predict that Trump may not announce the Bitcoin reserve formally through an executive order, suggesting he might instead acquire Bitcoin discreetly.