White House Launches Strategic Bitcoin Reserve: Impact on Crypto Market

On March 6, 2025, President Trump signed an executive order establishing the Strategic Bitcoin Reserve. This marks a significant shift in U.S. government policy regarding digital assets, positioning Bitcoin as a strategic reserve asset. The initiative involves holding government-owned Bitcoin without immediate re-entry into circulation, which could potentially lead to supply constraints. This decision departs from previous practices of auctioning off seized Bitcoin and aligns with Vice President JD Vance’s push for crypto mainstream acceptance. 2023 marks a decisive change in the White House stance on Bitcoin. The initiative will be managed by Bo Hines, newly appointed chair of the reserve program. No taxpayer funds will be utilized for initial acquisitions.