On March 6, 2025, President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. This initiative aims to position the United States as a leader in digital asset strategy by treating Bitcoin as a reserve asset.

The reserve will be funded with Bitcoin seized through criminal and civil asset forfeiture proceedings, ensuring no additional cost to taxpayers. The executive order also mandates a comprehensive accounting of the government's digital asset holdings, revealing that the federal government currently possesses approximately 200,000 Bitcoin, valued at around $17.5 billion.

In addition to Bitcoin, the U.S. Digital Asset Stockpile will include other cryptocurrencies such as Ether, XRP, Solana, and Cardano. This move is intended to legitimize the cryptocurrency sector and attract more industry activity to the United States.

The announcement led to fluctuations in the cryptocurrency market, with Bitcoin's price experiencing a temporary drop of up to 5.7% following the news.

This executive order precedes a White House summit with cryptocurrency industry executives, signaling the administration's commitment to supporting and regulating the digital assets sector.