On March 7, White House AI and Cryptocurrency Director David Sacks said, "Just a few minutes ago, President Trump signed an executive order to establish a strategic BTC reserve. The reserve will be capitalized with BTC owned by the federal government as part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a penny. It is estimated that the U.S. government owns about 200,000 BTC; however, a full audit has never been conducted. The executive order requires a comprehensive account of the federal government's digital asset holdings.

The United States will not sell any BTC deposited into reserves. It will be held as a store of value. For the Cryptocurrency commonly referred to as 'digital gold,' reserves are like digital Fort Knox. The early sale of BTC has already cost American taxpayers over $17 billion. Now the federal government will develop a strategy to maximize the value of its BTC holdings.

The Secretary of the Treasury and the Secretary of Commerce are authorized to develop budget-neutral strategies to acquire more Bitcoin, provided that these strategies do not result in incremental costs to American taxpayers. In addition, the executive order also establishes a U.S. digital asset reserve, which includes digital assets other than Bitcoin seized in criminal or civil proceedings. In addition to assets acquired through seizure proceedings, the government will not acquire additional assets for the reserve. The purpose of the reserve is to manage government digital assets under the leadership of the Treasury Department.

Make promises, keep promises President Trump promised to establish a strategic BTC reserve and digital asset reserve. These promises have been fulfilled. This executive order underscores President Trump's commitment to making the United States the 'world capital of Cryptocurrency'. I want to thank the President for his leadership and vision in supporting this cutting-edge technology, as well as his swift actions in supporting the digital asset industry. His government is indeed moving forward with 'technological speed'.

I also want to thank the President's digital asset market working group - especially Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick - for their help and support in completing this work. Finally, Bo Hines played a key role as the executive director of our working group. #2024 Q4季度 GT 销毁完成 #白宫加密峰会