The White House is actively developing infrastructure for a strategic national Bitcoin reserve, underscoring its focus on long-term stability and management of government cryptocurrency holdings.
Senior Administration Official Robert ‘Bo’ Hines confirmed the emphasis on establishing secure foundations for this initiative. Previously, in March, President Trump signed an executive order formally creating the Strategic Bitcoin Reserve. This order mandates that government-held Bitcoin be designated as strategic reserve assets and expressly prohibits their sale.
Complementing this effort, the Administration has released a comprehensive 160-page cryptocurrency policy report. Key elements include driving regulatory clarity by defining the roles of the SEC and CFTC, supporting proposed legislation such as the GENIUS Act and tax reforms, and firmly opposing the potential issuance of a U.S. Central Bank Digital Currency (CBDC).
As of March, U.S. government holdings stand at approximately 200,000 BTC. This significant reserve remains entirely intact and unsold, managed explicitly under the Strategic Bitcoin Reserve framework as specified by the executive order.
The policy report’s announcement triggered a brief market reaction, causing Bitcoin prices to dip to around $116,000. However, the market demonstrated quick resilience, with prices rebounding to surpass $118,000 subsequently.