Donald Trump signs executive order for Strategic Bitcoin Reserve

US President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve "just a few minutes ago," says crypto tsar David Sacks.

Update (March 7, 12:55 am UTC): This article has been updated to add more information from David Sacks’ X post and information on US government crypto holdings.

US President Donald Trump has signed an executive order to create a strategic Bitcoin reserve and a digital asset stockpile, says the White House AI and crypto czar David Sacks.

“Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve,” Sacks said in a March 7 X post. He explained the reserve would initially be funded with assets seized by the government.

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