Trump creates Bitcoin Reserve in front of the Cripto White House Summit ‘

President Donald Trump On Thursday night, she approved the creation of a strategic reserve Bitcoin and a separate American stockpile of other digital means, meeting the promise of the campaign he achieved in the industry It gathers in the White House on Friday for the CRIPTO Summit.

Bitcoin Reserve will be sowing with Bitcoin, but is owned by the Federal Government as part of a criminal or civilian funding for a great work, Trump Cripto Czar David Sacks said in the post on the social media platform X.

“That means it won’t cost taxpayers,” the bags said. Trump asked the bags in the oval office if he believed in Reserve, and before signing the executive order “We made a promise” – Calling at the pledge of Bitcoin Reserve that made at the trail of the campaign 2024. Years.

Bags in X said the US government has an estimated 200,000 Bitcoin (BTC-USD), although he said that there was never a complete audit. Executive order signed by Trump on Thursday Thursday seeks a lot of digital funds accounting for digital assets of federal governments.

Sack said that now no Bitcoin would sell after being in the reserve and will be kept as values ​​worth.

The reserve, added, “was often called” digital gold “as a digital fortification for the cryptocurca.

What can you now buy more Bitcoin to strengthen the reserve that the secretaries of the vault and trade “to develop budget-neutral strategies to acquire additional bitcoin, provided that these strategies do not have incremental costs.”

Sen. Synthia Lummis discussed the US CRIPTO-purchase program separately, which would invite federal reserves to buy more Bitcoin using the 1970s certificates for gold reserves. This should be approval of the Congress.

“The goal of strategic reserve is to buy or convert current assets in Bitcoin, and then hold them … In this way we can remove short-term instability from the equation and look at it as a long-term strategic tool,” said Yahoo Finance Live said interview Last Friday.

Lummis said he had more work to help people understand “the reason why we should have it” and that we can deal with the status of the World US dollar reserve.

“We think they’re very free,” Lummis Yahoo finance said.

When the president crossed the idea of ​​reserve on social media last weekend, he said it would include Bitcoin as well as other digital funds: Etherum (El), XRP (XRP), Solana (Salt) and Cardano (Ada).