Trump Signs Order Creating Strategic Bitcoin Reserve, Digital Asset Stockpile

The president says the reserve would include Bitcoin, Ethereum, Cardano, Solana, and Ripple.
Trump Signs Order Creating Strategic Bitcoin Reserve, Digital Asset Stockpile
Bitcoin coins are seen in London, England, on Dec. 7, 2017. Dan Kitwood/Getty Images
T.J. Muscaro
Andrew Moran
Updated:
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President Donald Trump signed an executive order on March 6, creating a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile.

White House crypto czar David Sacks explained in a post on X that the creation of this reserve was yet another one of Trump’s campaign promises, would not “cost American taxpayers a dime,” utilizing Bitcoin already owned by the federal government, and it would serve as a “digital Fort Knox.”