Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile

This executive order establishes two new national reserves for digital assets: a Strategic Bitcoin Reserve and a United States Digital Asset Stockpile. The order directs federal agencies to consolidate Bitcoin and other digital assets obtained through forfeitures into these centralized reserves rather than selling them. The policy aims to position the United States as a strategic holder of scarce digital assets, particularly Bitcoin, which the order compares to digital gold due to its fixed supply and security features. The order requires agencies to inventory their digital asset holdings and transfer them to Treasury-administered accounts. Bitcoin in the Strategic Reserve cannot be sold and must be maintained as permanent national assets, while other digital assets in the Stockpile may be managed more flexibly. The implementation is subject to budgetary constraints and existing laws, with reporting requirements to assess legal considerations and potential need for legislation.