President Donald Trump has signed an executive order to create a Strategic Bitcoin Reserve (SBR) using Bitcoin seized by the US government. This move has disappointed crypto traders who were hoping for the government to start buying Bitcoin to push up prices. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick have been directed to find ways to acquire Bitcoin without spending taxpayer dollars, potentially using tools like the Exchange Stabilization Fund and the International Emergency Economic Powers Act. Other options that could increase the government's Bitcoin holdings include keeping seized Bitcoin from criminals, taxing Bitcoin miners in BTC, accepting Bitcoin for federal payments, requiring federal land and energy lease payments in Bitcoin, and partnering with tech and finance firms. The executive order also doesn't prevent private companies or individuals from donating Bitcoin to the reserve, and tax incentives for BTC donations could be introduced. Trump's executive order did not mention gold reserves, but the US government could potentially swap a portion of its gold for Bitcoin.



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