U.S. President Donald Trump has announced the creation of a Strategic Bitcoin Reserve, which will be funded through confiscated assets. The government does not plan to sell BTC, reinforcing its status as “digital gold”
A “Digital Asset Reserve” has also been established to hold confiscated altcoins, but it will not be replenished. The new order mandates an audit of U.S. BTC holdings, which are estimated to be 200,000 BTC
This move aligns with Trump’s strategy to turn the U.S. into the crypto capital of the world