This initiative will utilize tokensalready seizedby the government through criminal or civil asset forfeiture proceedings.
In addition, the U.S.
Secretaries of Commerce and Treasury are authorized to develop budget-neutral strategies for acquiring more Bitcoin.
The executive order establishes a U.S. Digital Asset Stockpile alongside the Bitcoin reserve.
Despite the symbolic recognition of Bitcoin as a strategic asset, some critics view the move as underwhelming.
However, questions remain about how the reserve will function and benefit taxpayers.
This is the most underwhelming and disappointing outcome we could have expected for this week.
But also not surprising.
Looks like no tangible BSR in 2025.
No active buying means this is just a fancy title for Bitcoin holdings that already existed with the Govt.
Sacks estimated that the U.S. government owns approximately 200,000 Bitcoin, valued at around $17.5 billion.
However, other regulatory bodies like the Federal Reserve and the FDIC have yet to clarify their stances.
