Miles Deutscher
Miles Deutscher|Mar 07, 2025 09:15
The president of the United States signed an executive order to establish a Strategic Bitcoin Reserve. This is HUGE! Here are the key takeaways from the executive order. 👇 • There will be two distinct reserves: a Strategic Bitcoin Reserve and a Digital Asset Stockpile. • The Strategic Bitcoin Reserve will be capitalized using BTC that has been seized by the US government. • The United States is committed to not selling any BTC within the Strategic Reserve, subject to certain exemptions. • No new BTC will be purchased using taxpayer money, however there may be budget-neutral strategies to acquire more BTC. • The Digital Asset Stockpile will consist of digital assets other than BTC that has also been seized by the US government. • Unlike the Strategic Bitcoin Reserve, the government will not be acquiring any additional cryptocurrencies for the Digital Asset Stockpile.
+6
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads