
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.
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