Trump Establishes Strategic Bitcoin Reserve as Congress Considers Expansion

President Trump's executive order consolidates seized Bitcoin holdings while proposed legislation seeks to acquire 1 million BTC over five years.

President Trump signed an executive order creating a U.S. Strategic Bitcoin Reserve, consolidating Bitcoin seized through legal forfeitures.
The reserve aims to stabilize cryptocurrency markets, reduce systemic risks, and strengthen the U.S. dollar's dominance in digital finance.
Senator Cynthia Lummis introduced the BITCOIN Act, which proposes purchasing 1 million Bitcoin over five years to expand the reserve, funded by Federal Reserve remittances and updated gold certificate values.
The legislation would establish decentralized, secure Bitcoin storage facilities and mandate a 20-year minimum holding period for government-owned Bitcoin.
Proponents argue the reserve could enhance financial innovation and address national debt, while critics cite concerns over Bitcoin's volatility and long-term viability.