The U.S. Treasury Department will establish strategic Bitcoin reserves and digital asset reserve custody accounts

According to an announcement on the White House official website, Trump signed an executive order on March 6, 2025, formally establishing the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile to strengthen government management of digital assets.

The executive order requires the Treasury Department to set up a specialized agency to manage and control custodial accounts, managing bitcoins (BTC) and other digital assets held by the government. These assets mainly come from criminal or civil confiscations. Initial funds will not increase the budget, but in future BTC can be accumulated further without increasing taxpayer costs. The executive order also restricts the government from selling or disposing of these assets unless it involves legal requirements, compensation for crime victims or law enforcement purposes.

Federal agencies must submit reports on their holdings of digital assets within 30 days, and the Treasury Department will assess management and legislative needs within 60 days.