Trump signs order for $17 billion Bitcoin reserve

President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, directing federal agencies to manage seized cryptocurrencies as financial assets.  

The order, signed on March 6, 2025, requires the Treasury Department to consolidate Bitcoin (CRYPTO:BTC) and other digital assets acquired through criminal or civil forfeiture.

The BTC will be held indefinitely as a “strategic reserve,” while other assets will be placed in the Digital Asset Stockpile under guidelines set by the Treasury and Commerce secretaries.  

According to the executive order, agencies have 30 days to report on transferring eligible assets to the reserves.

The move is seen as a shift in federal digital asset policy, positioning bitcoin as a strategic financial instrument.  

The announcement coincided with the first White House Crypto Summit, where regulators, industry leaders, and policymakers gathered to discuss digital asset regulations.  

Ryan Lee, Chief Analyst at Bitget Research, described the summit as “poised to be a defining moment for U.S. digital asset policy, convening regulators, officials, and industry titans like Brian Armstrong and Michael Saylor.”  

“A successful summit could see Bitcoin reclaim $100K and crypto assets like ETH (CRYPTO:ETH), XRP (CRYPTO:XRP), and Solana (CRYPTO:SOL) soar, cementing U.S. leadership in global crypto markets,” Lee added.

Market analysts have speculated that the Bitcoin Reserve could reduce sell-side pressure by removing $17 billion in BTC from circulation.

Unverified reports also suggested that Trump may propose 0% capital gains taxes on certain cryptocurrencies, though the White House has not confirmed these claims.  

As global competition over digital assets grows, the U.S. is positioning itself as a key player in the sector.

The long-term impact of the Bitcoin Reserve on market stability remains uncertain, but the policy signals a shift toward integrating digital assets into the federal financial framework.

At the time of reporting, the Bitcoin price was $80,874.12.