The race to establish the U.S. Bitcoin Strategic Reserve is moving at an unprecedented pace, with implementation now expected within days or weeks rather than months. According to David Bailey, CEO of Bitcoin Magazine, government officials are pushing forward with a level of urgency rarely seen in federal operations, mirroring the breakneck speed of the tech industry.
Trump’s Executive Order Unleashes National Crypto Reserve
The rapid acceleration comes in the wake of President Donald Trump’s executive order officially launching the U.S. Crypto Reserve. The initiative includes a dedicated Bitcoin reserve and a national stockpile of select altcoins—signaling a major shift in the government’s stance toward digital assets.
David Sacks, the White House’s newly appointed “Crypto Czar,” confirmed that taxpayer funds will not be used to acquire Bitcoin. Instead, the reserve will be backed by the nearly 200,000 BTC seized by the U.S. government from criminal operations—assets currently valued at approximately $17 billion.
As part of the strategy, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick have been tasked with exploring innovative methods to expand the reserve without relying on taxpayer money. One proposal under review suggests selling off portions of the U.S. gold reserves to bolster Bitcoin holdings, positioning the country as a dominant force in the digital asset sector.
U.S. Government Eyes Altcoin Expansion
Beyond Bitcoin, the executive order calls for a national altcoin stockpile. Cryptocurrencies such as Ethereum (ETH), Solana (SOL), XRP, and Cardano (ADA) are being prioritized—an unprecedented move that could further integrate crypto into the national financial system.
Currently, the U.S. government holds approximately 56,035 ETH, valued at $120.96 million, along with a mix of stablecoins and lesser-known altcoins. However, it has yet to acquire XRP, Solana, or Cardano. Discussions are underway to exchange a portion of the existing altcoin reserves for these assets, further diversifying the government’s crypto portfolio.
Market Shockwaves as Bitcoin Reserve Takes Shape
The establishment of a Bitcoin reserve is already shaking up the market, driving a surge in institutional interest. Bitcoin currently trades at $82,444, reflecting a 1.6% daily increase and narrowing its weekly losses to 6.2%.
Meanwhile, XRP has surged by 2.6%, showing strong resilience. However, Solana, Ethereum, and Cardano have experienced minor losses, underscoring the mixed sentiment despite the U.S. government’s strategic crypto push.
The creation of a national crypto reserve marks a seismic shift in U.S. financial policy. By officially recognizing Bitcoin and leading altcoins as strategic assets, the government is setting the stage for a new era of digital finance. The success of this initiative will largely depend on how effectively officials execute the acquisition strategy and manage the evolving macroeconomic landscape.
Reece Conner
Reece Conner is a leading expert in the cryptocurrency industry, known for delivering cutting-edge insights and practical guidance to both newcomers and seasoned investors. With a background in finance and technology, Conner bridges the gap between complex blockchain concepts and real-world applications.