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President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve
Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.
— David Sacks (@davidsacks47) March 7, 2025
The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it…
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*SACKS: TREASURY, COMMERCE TO DEVELOP 'BUDGET-NEUTRAL' STRATEGIES FOR ACQUIRING ADDITIONAL BITCOIN
— db (@tier10k) March 7, 2025
*U.S. GOVT OWNED BITCOIN TO CAPITALIZE BITCOIN RESERVE: SACKShttps://t.co/3KqZcq49qG
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David Sacks stated that Trump has signed an Executive Order establishing a Strategic Bitcoin Reserve, capitalized with Bitcoin obtained through criminal or civil forfeiture, without involving taxpayer funds. The Bitcoin will be held as a store of value and not sold. Additionally,…
— Wu Blockchain (@WuBlockchain) March 7, 2025
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