Trump Administration Prepares to Strengthen the U.S. BTC Strategy

Ahead of the White House crypto summit, U.S. Treasury Secretary Scott Bessent and other pro-crypto cabinet members reinforced their positive stance on digital assets through media engagements.

One of Donald Trump’s key campaign promises was to establish a national BTC investment strategy. In January, President Trump signed an executive order to explore the U.S. digital asset stockpile, which many believe will include BTC.

On March 6, Trump issued a new executive order referencing a “U.S. Digital Asset Stockpile” and a “Strategic Bitcoin Reserve.” This updated directive signaled the government’s potential move toward BTC acquisitions, in contrast to previous debates following the first executive order.

U.S. Bitcoin Reserve and Criticism

According to Bitcoin Treasuries, the U.S. government currently holds 198,109 BTC, valued at approximately $18 billion. With BTC prices hovering below $90,000, the majority of these assets were seized through criminal enforcement actions.

David Sacks, the White House AI and Crypto Policy Chief, criticized previous administrations on March 6 for mismanaging America’s BTC holdings. Sacks pointed out that the government sold its BTC holdings too early, generating only $366 million over a decade, whereas holding onto them could have resulted in $17 billion.

Speaking with CNBC before Trump’s summit, Treasury Secretary Bessent emphasized that halting BTC sales and evaluating potential purchases for a national reserve is a priority.

Bessent further asserted that the U.S. must take the lead in global crypto policy and bring Bitcoin within its borders:

“I strongly believe that the U.S. should take the global lead in crypto.”

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