- The White House publishes official digital assets report.
- Reports break down the details to the US crypto Reserve and Stockpile, respectively.
- White House advisor confirms the US will start accumulating BTC soon.
Yesterday, the White House announced that it would release its first-of-its-kind original and official US Strategic Crypto Reserve report, or rather, a digital asset report that also includes the promised establishment of the US Strategic Bitcoin Reserve that Trump officialized earlier this year. Today, the While House publishes official digital assets report and reveals it will acquire additional Bitcoin soon.
White House Publishes Official Digital Assets Report
Earlier today, the White House officially published its first-ever digital assets report. The line that caused the most hype from this report is that it says the US will ‘develop strategies that could be used to acquire additional Bitcoin for the Reserve’. This shows that while the US government has yet to start accumulating BTC, the pioneer crypto asset, it is certainly on their agenda to start doing so soon.
As we can see from the post above, the report also mentions several other relevant and industry-related statements. In detail, the report states by stating that it is an official document under President Trump‘s Executive Order No. 14178. Specifically, the Working Group shall ‘evaluate the potential creation and maintenance of a national digital asset stockpile and propose criteria for establishing such a stockpile, potentially derived from cryptocurrencies lawfully seized by the U.S. Government through its law enforcement efforts’.
In addition, it continues to say that on March 6, 2025, the President issued Executive Order No. 14233, which clarified and expanded on this directive and provided that it is the policy of the United States to establish a Strategic Bitcoin Reserve (the ‘Reserve’) and a United States Digital Asset Stockpile (the ‘Stockpile’). Furthermore, consistent with the framework established by these executive orders include the following points.
Firstly, the Reserve and the Stockpile will be administered by Treasury, which will establish an office to administer and maintain control of the associated custodial accounts Secondly, the Reserve and the Stockpile will be capitalized by forfeited digital assets-in other words, digital assets owned by the U.S. government.
White House Advisor Confirms BTC Accumulation Soon
Next, it states that forfeited digital assets needed to satisfy statutory objectives will continue to be used for those objectives, including to compensate identifiable and verifiable victims of crimes, to support law enforcement operations, to be equitably shared with state and local law enforcement partners, and to fulfil other statutory forfeiture program requirements.
Lastly, the bitcoin in the Reserve will generally not be sold and will be maintained as reserve assets of the United States, utilized to meet governmental objectives in accordance with applicable law while Treasury and Commerce will develop strategies that could be used to acquire additional bitcoin for the Reserve in ways that are budget neutral and do not impose incremental costs on United States taxpayers.
Finally, Custody will be studied by Treasury and Commerce in order to safeguard the assets of the United States. As we can see from the video in the post above, a White House advisor confirms that the US Strategic Reserve is well on its way to start accumulating more BTC. He says that the people will be pleased with what is to come next. Responses to the post show much enthusiasm over the conversation.