Trump signs EO to build strategic Bitcoin reserve

According to White House AI and Crypto Czar David Sacks, U.S. President Donald Trump has signed an executive order (EO) to establish a strategic Bitcoin reserve, @tier10k reported on X. Here are the key points of Sacks' X post: - The U.S. will retain all Bitcoin deposited into the newly established Reserve, currently holding about 200,000 BTC. - The Secretaries of Treasury and Commerce can create strategies to acquire more Bitcoin without incurring additional costs for U.S. taxpayers. - The EO also establishes a U.S. Digital Asset Stockpile for assets other than Bitcoin, sourced exclusively from assets forfeited in legal proceedings, with no plans for further acquisitions.