One Year Later: US Bitcoin Reserve Has No Purchase Plans

One year after President Trump signed an executive order establishing a strategic crypto stockpile, including a dedicated Bitcoin reserve, the government's holdings remain largely unchanged, despite a significant decrease in the total portfolio value from over $30 billion to $22 billion due to market depreciation. The executive order consolidated forfeited assets, explicitly stating that no new assets would be acquired beyond those seized, unless purchases could be made in a budget-neutral manner that did not burden taxpayers. Despite hopes from some, the US government still holds 328,272 BTC, with no indication of new purchases. While the White House maintains commitment to cryptocurrency dominance, the lack of clear framework for asset management has drawn criticism regarding potential market distortion. The concept of government Bitcoin reserves is still nascent, with only a few countries and various corporations holding significant amounts.

(Source：Cointelegraph)