US White House Declares Bitcoin a National Strategic Asset, BTC Reserve Takes Off

The White House has declared Bitcoin a national strategic asset and announced the establishment of a Bitcoin reserve. Under an executive order signed by President Trump, this reserve will be maintained primarily through Bitcoin seized in incidents such as hacking, rather than by purchasing more BTC.

A substantial portion of the Bitcoin currently in U.S. government possession was confiscated following the 2022 Bitfinex hacking incident. Since some of this BTC may eventually be returned to victims, debate has arisen regarding how the reserve will be managed. The Treasury and Commerce Departments have been directed to devise a plan to secure additional Bitcoin without increasing the federal budget. Although Jeff Kendrick, Chief Analyst at Standard Chartered, proposed selling part of the nation’s gold reserves to acquire Bitcoin, White House Crypto Coordinator David Sachs stated there are no current plans to do so.

The Trump administration also intends to expedite legislation on stablecoins and digital assets, with the goal of finalizing relevant laws before the August congressional recess. President Trump has criticized the Biden administration’s anti-crypto stance and signaled his intention to relax regulations. During a recent cryptocurrency summit attended by prominent industry figures—including Coinbase CEO Brian Armstrong, MicroStrategy Chairman Michael Saylor, and the Winklevoss twins—there was noticeable optimism for pro-crypto policies.

The SEC has likewise shown signs of shifting its regulatory approach since President Trump took office, delaying or withdrawing certain lawsuits against major crypto firms. It has also begun work to clarify the legal status of digital assets. Experts believe that formally integrating Bitcoin into the national reserve and solidifying regulatory frameworks will positively impact the cryptocurrency market in the long run.

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