Trump’s Bitcoin Reserve: Senator Lummis Says ‘This Is Just the Start’
President Donald Trump has signed an executive order to create a Bitcoin reserve, a move Senator Cynthia Lummis (R-WY) is calling a historic moment for America’s financial future.
Under the order, Bitcoin seized in criminal and civil asset forfeitures will be held as a reserve asset instead of sold—a change meant to support the nation’s digital asset strategy.
U.S. Senator Cynthia Lummis hails President Trump’s executive order establishing a strategic bitcoin reserve as a historic move to address national debt and secure America’s financial leadership. Pro-Bitcoin Senator Backs Trump: BTC… Trade w/ https://t.co/6Mq98mq4zo Buy with… pic.twitter.com/NGoIzpZC7Y
— BitChase (@BitChaseATM) March 8, 2025
“This is only the ₿eginning,” Lummis wrote on X (formerly Twitter) on March 6, 2025. She said Trump is keeping his promise to have the most pro-digital asset administration in U.S. history. The order also creates a U.S. digital asset stockpile, comprised of non-Bitcoin cryptocurrencies obtained through forfeiture, which will be managed by the Treasury Secretary.
Bitcoin will be classified as a strategic reserve asset.
Seized digital assets will be stored not sold.
Treasury and Commerce will explore budget neutral acquisition strategies.
Trump’s Crypto Agenda Moving Forward
The executive order is part of Trump’s plan to make the U.S. the leader in cryptocurrency. A White House fact sheet said past Bitcoin sell offs have cost American taxpayers over $17 billion, so holding a reserve makes sense.
Trump has been a big booster of the crypto space, saying “I am very positive and open minded to cryptocurrency companies and all things related to this new and emerging industry. Our country must be the leader in the field.” His administration has been taking concrete steps to back this up, including:
Appointing a crypto czar to oversee industry regulations.
Planning the first ever White House cryptocurrency summit.
Developing frameworks to integrate digital assets into national financial strategies.
Lummis: Bitcoin Reserve Secures America’s Future
Senator Cynthia Lummis, one of the biggest Bitcoin advocates in Congress, believes the Bitcoin reserve will make America more financially stable. She’s been saying Bitcoin is a hedge against inflation and strengthens national security by diversifying reserve assets.
🇺🇸 SENATOR LUMMIS: This is the most pro-Bitcoin and digital asset administration in history. pic.twitter.com/eHadzRcxIM
— cryptothedoggy (@cryptothedoggy) March 7, 2025
The executive order also directs the Treasury and Commerce departments to come up with budget neutral ways to buy more Bitcoin without using taxpayer money. Experts think this could include strategic partnerships, private investment or using surplus government funds.Now that institutions are adopting Bitcoin worldwide, this sets the stage for more digital assets in the U.S. economy. As things develop the Bitcoin reserve will cement America’s position in the digital asset space.
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