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News · Regulation & Policy

US President Orders Creation of Strategic Bitcoin Reserve and Digital Asset Stockpile

An executive order bars agencies from selling forfeited BTC and directs Treasury to evaluate budget-neutral acquisition strategies.

▲ Bullish$BTC $83,784 −2.7%
October 7, 2026basisdesk.news
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Key point 1 of 3

01

The White House ordered the creation of a Strategic Bitcoin Reserve and a United States Digital Asset Stockpile.

October 7, 2026basisdesk.news
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Key point 2 of 3

02

Forfeited government BTC cannot be sold and will be held as national reserve assets.

October 7, 2026basisdesk.news
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Key point 3 of 3

03

Treasury and Commerce must evaluate budget-neutral strategies to accumulate additional BTC without taxpayer costs.

October 7, 2026basisdesk.news
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Context

The US government has accumulated large cryptocurrency balances through criminal and civil forfeiture proceedings but previously auctioned or sold assets without a unified reserve…

October 7, 2026basisdesk.news
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Why it matters

Federal agencies holding forfeited crypto assets must end ad-hoc sales, formalizing the US government's position as a permanent long-term holder of forfeited Bitcoin.

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What to watch

Agency accounting reports are due within 30 days of the order, followed by a comprehensive Treasury legal and custodial evaluation within 60 days.

October 7, 2026basisdesk.news
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Sources

Built from 2 primary sources, machine-checked before publication.

  • whitehouse.gov
  • justice.gov
October 7, 2026basisdesk.news
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