U.S. Strategic Bitcoin Reserve
Coverage of U.S. Strategic Bitcoin Reserve in the Nexus archive.
- What Is the U.S. Strategic Bitcoin Reserve?
The U.S. Strategic Bitcoin Reserve is a government-held stockpile of bitcoin established by executive order in March 2025. Bitcoin is classified as a long-term reserve asset, treated similarly to gold, with the directive that reserve coins cannot be sold. Almost all of the U.S. government’s BTC are included in the reserve.
- Scott Bessent Backs Strategic Bitcoin Reserve, Urges Senate to Pass Clarity Act
Treasury Secretary Scott Bessent testified before the Senate Finance Committee, supporting the U.S. Strategic Bitcoin Reserve and urging passage of the Clarity Act. The reserve, established via executive order, holds 328,372 BTC acquired through criminal forfeitures, and the BITCOIN Act proposes authorizing the Treasury to purchase up to one million bitcoin over five years.
- White House: Bitcoin Reserve Announcement Is Imminent
The White House is set to announce the U.S. Strategic Bitcoin Reserve, with Executive Director Patrick Witt stating that a major legal hurdle has been cleared. The reserve holds an estimated 328,372 BTC and is expected to be a significant development in the use of cryptocurrency as a strategic asset. An announcement is imminent, according to Witt.
- White House Says Strategic Bitcoin Reserve Announcement Is Imminent: ‘A Breakthrough’
The White House is set to announce the U.S. Strategic Bitcoin Reserve, with Executive Director Patrick Witt stating that a major legal hurdle has been cleared. The reserve holds an estimated 328,372 BTC and was established by President Trump's executive order on March 6, 2025. An announcement is expected soon.