Trump's Order Does Not Require U.S. Government to Purchase Bitcoin
Donald Trump issued an order in March 2025 to create a strategic reserve of Bitcoin for the United States, but this decision did not obligate the federal government to purchase Bitcoin from the open market. The current reserve is based on seized government assets, and any increase in its inventory must be done without imposing new costs on taxpayers. According to this order, the transferred Bitcoins to the reserve must be held as a long-term asset. The Department of the Treasury and the Department of Commerce are authorized to explore strategies to increase the reserve's inventory, but these strategies must be budget-neutral. Some sources estimate the U.S. government's Bitcoin holdings to be around 328,000 units, but this figure is not official. Bill H.R. 8957, titled "U.S. Reserve Modernization Act," passed the House Financial Services Committee on September 16 with a vote of 28 to 21. If finalized, this bill will create a legal framework for managing and auditing the government's Bitcoin assets. At the same time, the transfer of 2,650 Bitcoins, valued at approximately $205 million, from a wallet associated with Trump Media to the exchange Crypto.com raised speculation about the sale of these assets, but the company stated that the Bitcoins were not sold. As a result, the creation of a strategic Bitcoin reserve currently means the preservation and management of seized assets.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Eclair v0.14.4 released to block browser attacks on Lightning nodes

Arthur Hayes Points Out That Crypto Quantum Threats Are Exaggerated, Emphasizes the Importance of Wallet Management

Vitalik, Tom Lee, Arthur Hayes and Others Share Views on Cryptocurrency and AI

Bitcoin on the Balance Sheet: Why Companies Are Doing This and What the Risks Are

Sam Price Shares $1000 Profit from Bitcoin Trade

Bitcoin: Mining Difficulty Reaches Highest Level in Seven Months

Bitcoin's inflation hedge has a hidden cost, and leverage makes it worse

Surge in Oil Prices and Drop in Bitcoin Value in the Last 24 Hours

Vitalik Analyzes the Cost Structure of Bitcoin Mining and AI Inference

Net Outflow of Bitcoin and Ethereum Spot ETFs and Market Dynamics

BitBank Launches BitPay Payment Card and BitSIM Communication Card

Claude Solves 25-Year Cryptography Puzzle, Bitcoin Chooses secp256k1 Curve

Gemini's $5 Million Settlement Agreement Denied Withdrawal, Fines and Injunctions Remain

Fidelity: Correlation Between Bitcoin and U.S. Treasury Yields Rises Above 0.6

唐华斑竹 Analyzes the Current State of the Crypto Market, Advises Caution

TD Cowen Raises Strive's Target Price to $56, Exceeds BTC Accumulation Expectations

Sam Price Analyzes Bitcoin Trading Timing and Market Reactions

BFFS26 Denver Summit Set for October 20-22, 2026

New whales boost Bitcoin after bear market, says Spanish analyst

SEC Approves Binary Options Linked to KPIs of 23 Listed Companies

Bitcoin Price Drops 2% to 81473 Dollars Amid Inflation Concerns

Sam Price Observes Changes in Bitcoin ETF Net Inflows

How to Manage a Channel When Cryptocurrency Advertising is Banned in 2026

The session to annul the DNU allowing bitcoin contracts in Argentina failed

Sam Price Discusses the Impact of Rising PPI on the Market

Charles Schwab Launches Bitcoin and Ethereum Trading for 40 Million Customers

Unique Wealth Discloses Approximately $10.4 Million Bitcoin Exposure

SIPAP Failures in Paraguay Affect Transfers, Bitcoin Operates Without Interruptions

Bitcoin Directly or via an ETP in a Securities Account: What to Choose?









