Wake up to the waterfall, brothers—

Trump's national reserve is out:

1️⃣ Establish a strategic Bitcoin reserve based on seized Bitcoin,

2️⃣ The Supreme Leader played a curveball to save the country, meaning it won't cost taxpayers a dime, which means the U.S. cannot acquire more from the market;

3️⃣ Additionally, the executive order states that the U.S. will not sell any Bitcoin deposited in the reserve. It will be kept as a means of value storage.

After the news broke, the inability to purchase Bitcoin from the market caused its price to drop, falling directly to $85,000 around 9 o'clock;

Related information: President Trump signed an executive order to establish a strategic Bitcoin reserve. This reserve will use Bitcoin owned by the federal government as capital, which was seized during criminal or civil asset forfeiture proceedings, meaning it will not be purchased from the market;

It is estimated that the U.S. government holds about 200,000 Bitcoins; however, a complete audit has never been conducted. The executive order calls for a comprehensive accounting of the federal government's digital asset holdings. The U.S. will not sell any Bitcoin deposited in the reserve. It will be kept as a means of value storage.

Furthermore, the executive order also establishes a U.S. digital asset reserve, which includes digital assets other than Bitcoin seized in criminal or civil proceedings. Aside from assets obtained through forfeiture, the government will not acquire other assets for the reserve. The purpose of the reserve is to manage government digital assets under the leadership of the Treasury.

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