U.S. Taxpayers Bear No Financial Burden to The Bitcoin Reserve

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Key Points

  • President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve.
  • White House Crypto and AI Czar David Sacks said the reserve will be funded exclusively with bitcoin seized in criminal and civil forfeiture cases, ensuring that taxpayers bear no financial burden.
  • The order also establishes a U.S. Digital Asset Stockpile, managed by the Treasury Department, to hold other confiscated cryptocurrencies.
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