The US has created a Strategic Bitcoin Reserve (SBR) and Digital Asset Stockpile (DAS) through an executive order signed by Donald Trump. The SBR will be funded with forfeited BTC earned through criminal proceedings and will not involve the selling of bitcoin. The DAS will include digital assets beyond bitcoin also collected through forfeiture. The market reaction to the announcement has been mixed, with Compass Point analysts calling it a "nonevent." Despite this, many see the creation of these reserves as a step towards legitimizing BTC and the broader asset class. The full strategies for acquiring BTC and further details are expected to be published by the Treasury and Commerce departments in the future.
Content Editor ( blockworks.co )
- 2025-03-08
Reactions are mixed to BTC reserve, crypto stockpile
