A U.S. Bitcoin Reserve? Trump’s Crypto Czar Says It’s on the Table

Sacks indicated that his team is “reviewing the prospects” of this move, noting that the establishment of a Bitcoin reserve will be a leading agenda item for the newly formed crypto team.

“We’re still at the very early stages of this, but that’s one of the first things we’re going to look at, is the feasibility of it,” Sacks said during his speech. He added that this goal is part of a larger push within the administration to address key digital asset issues, including stablecoin legislation and the development of updated regulatory frameworks for the digital economy.

Сheck out:Trump Names David Sacks as White House “Crypto Czar”

President Trump recently signed an executive order to establish a sovereign wealth fund, with the goal of monetizing state assets to fund national priorities.

Analysts are speculating that Bitcoin might become a strategic asset within this fund, given its established potential as a long-term store of value.
Including Bitcoin in the national reserve seems a logical move, considering its decentralized framework and limited supply—traits that have earned it the moniker “digital gold.”

At a press conference, David Sacks remarked, “I look forward to working with each of you [administration] in creating a golden age in digital assets,” emphasizing that this is among the administration’s top priorities.

Related: Draft Executive Order on Strategic BTC Reserve Finalized

During the Bitcoin reserve discussions, Sacks emphasized that the final call on integrating cryptocurrency into the sovereign wealth fund would be influenced by certain ministerial appointments, particularly the official overseeing this field.

Despite the upbeat rhetoric, the market quickly reacted: Bitcoin’s value fell below $97,000 after the press conference, and some altcoins experienced even steeper drops. Yet, industry experts believe that the creation of new regulatory frameworks and the widespread adoption of digital technologies will ultimately solidify the U.S.’s dominance in the global crypto market.