Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.
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 will not cost taxpayers a dime.
It is estimated that the U.S. government owns about 200,000 bitcoin; however, there has never been a complete audit. The E.O. directs a full accounting of the federal government’s digital asset holdings.
The U.S. will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency often called “digital gold.”
Premature sales of bitcoin have already cost U.S. taxpayers over $17 billion in lost value. Now the federal government will have a strategy to maximize the value of its holdings.
The Secretaries of Treasury and Commerce are authorized to develop budget-neutral strategies for acquiring additional bitcoin, provided that those strategies have no incremental costs on American taxpayers.
IN ADDITION, the Executive Order establishes a U.S. Digital Asset Stockpile, consisting of digital assets other than bitcoin forfeited in criminal or civil proceedings.
The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings.
The purpose of the Stockpile is responsible stewardship of the government’s digital assets under the Treasury Department.
PROMISES MADE, PROMISES KEPT
President Trump promised to create a Strategic Bitcoin Reserve and Digital Asset Stockpile. Those promises have been kept.
This Executive Order underscores President Trump’s commitment to making the U.S. the “crypto capital of the world.”
I want to thank the President for his leadership and vision in supporting this cutting-edge technology and for his rapid execution in supporting the digital asset industry. His administration is truly moving at “tech speed.”
I also want to thank the President’s Working Group on Digital Asset Markets — especially Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick — for their help and support in getting this done. Finally Bo Hines played a critical role as Executive Director of our Working Group.
Holy Sh*T
For the first time, our Pelosi Tracker was mentioned on the @joerogan podcast !!
And he is right. "she is really good"
Her portfolio is up 54% YTD and has made an estimated $28,000,000 in profits this year alone
As we approach Memorial Day Weekend a lot of Americans want to know the right way to honor the men and women who have died fighting for our Country, for our well being, and for our freedoms.
It all comes down to one thing...
When you go to bed at night ask yourself this one question.
"Was I an American that was worth dying for today?"
This is the way we honor them.
John Hawley destroys Merrick Garland for using the Dept. of Justice as a political weapon 🔥
“We’re supposed to hate assault style weapons…you’re happy to deploy them against Catholics and innocent children”
The SEC’s accredited investor regulations are absurd. Gatekeeping wealth creation is un-American.
Americans are smart enough to make their own financial decisions, but @GaryGensler thinks he knows better.
One hour until the drop! ✨
“Mad Man’s World” and “The Price Went Up” will be available! Each track will have a limited supply of 210 available for purchase!
@msjanehandcock@deathrowmusic#GalaMusic
@benjamincowen When it gets there, people will still say it’s a bubble, it’s going to zero because China or quantum computers, it’s still rat poison, and it’s dead (again). People still won’t understand it, and the people that sold it will still wish they hadn’t.