On March 7, 2025, President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve.
Through X, White House Crypto Czar David Sacks announced that the reserve is fueled by 200,000 Bitcoin tokens, worth $17.6 billion for $87,726 each, seized in various criminal and civil cases. The Trump Bitcoin Reserve also includes a stockpile of altcoins confiscated by federal agencies. Sacks confirmed that no taxpayer funds will be used to acquire new coins.
“The Treasury and Commerce Secretaries will craft budget-neutral plans to snag more Bitcoin—only from forfeitures,” Sacks tweeted. Trump ordered a full audit of federal crypto holdings, pegged at 200,000 BTC. The White House dubbed Bitcoin “digital gold,” vowing oversight to prevent premature sell-offs.
Historic moment! Thank you, President Trump! pic.twitter.com/Ql6lG63EEU
— David Sacks (@davidsacks47) March 7, 2025The reserve taps confiscated assets, sidestepping new costs, and aligns with Trump’s vision to cement U.S. crypto dominance, a campaign promise now in motion.
The Trump Bitcoin Reserve drops days before the U.S.’s first Crypto Summit on March 7, which will host industry titans like MicroStrategy’s Michael Saylor and Coinbase’s Brian Armstrong. Saylor hailed it as “ visionary,” while Armstrong urged G20 nations—India, Germany, and France—to follow suit. The SEC’s new Crypto Task Force, launched under Trump, aims to balance growth and investor safety, amplifying the order’s heft. Sacks shared Oval Office signing pics, calling it “historic.”
Read: Latest Bitcoin (BTC) to Pakistani Rupee (PKR) Exchange Rates
The Trump Bitcoin Reserve, $17.6B in seized BTC, a Summit kicker, signals a U.S. crypto power play.
