President Donald Trump’s Crypto and AI Policy Advisor David Sacks has officially confirmed that President Donald Trump has signed an executive order establishing a “US Strategic Bitcoin Reserve.” This is a major step in the Trump administration’s cryptocurrency policy, reflecting its commitment to returning the US to the world’s digital currency center.

Bitcoin Reserve: A Digital Fort Knox

According to Sacks’ statement, the reserve will initially receive all of the Bitcoin currently held by the US government, primarily BTC seized from past criminal cases. Currently, the US government owns about 200,000 BTC, worth approximately $18 billion, but has never been formally audited.

The new executive order requires authorities to review and inventory all of the state’s cryptocurrency holdings. Notably, the Trump administration pledged not to sell Bitcoin from this fund but to use it as a long-term store of value, similar to how the US stored gold at Fort Knox. Mr. Sacks also pointed out that if the US government had not sold the BTC auctioned in the past, they could have collected an additional $17 billion.

Future Bitcoin Buying Strategy

In addition to establishing the fund, President Trump also directed the US Treasury and Commerce Departments to develop a plan to buy more Bitcoin in the future. However, the source of funds for the purchase will not come from US taxpayers. Management of the fund will be assigned to the Treasury Department, with the supervision of Secretary Scott Bessent.

In addition to Bitcoin, the Trump administration also established a "Crypto Reserve", which includes other cryptocurrencies such as Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). Unlike the Bitcoin fund, this reserve only holds confiscated cryptocurrencies with no plans to add more in the future.

Data from Arkham shows that the US government currently holds about $18.4 billion in cryptocurrencies, including 198,000 BTC and a large amount of altcoins such as ETH, WBTC, USDT, BNB and DAI.

Trump's Commitment to Crypto

David Sacks emphasized that this decision is a testament to Mr. Trump's commitment during the election campaign - to restore the US's position in the cryptocurrency industry. In addition to establishing a reserve fund, the Trump administration also expanded crypto-friendly legal policies, ending SEC lawsuits against the industry.

The signing of the executive order took place just hours before the first Crypto Summit at the White House, with the participation of leading CEOs in the cryptocurrency sector in the US. At this conference, President Trump is expected to give an important speech, which may include new policies affecting the future of the crypto industry.

Bitcoin Price Drops Due to "Sell The News"

Despite the announcement of the strategic Bitcoin reserve fund, the price of Bitcoin has been on a downward trend. BTC has fallen from $91,000 to $85,800 at the time of writing. The main reason is believed to be the "sell the news" mentality when investors expect to buy Bitcoin directly from the market, but in fact the fund only accepts confiscated BTC.

However, observers believe that Mr. Trump's decision is still a positive signal for the future of Bitcoin and the entire crypto industry in the US, especially when future BTC buying strategies are being planned.