Executive Branch

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:
0:00

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.”
T.J. Muscaro is an award-winning reporter and NASA Correspondent for The Epoch Times, covering the Artemis program, Space Force, and other public and private ambitions within the growing space industry. Based in Tampa, Florida, he also covers stories of extreme weather and disaster relief, as well as various matters of national and international politics.