Trump’s Nationwide Bitcoin Reserve Is Nonetheless within the Works. Some States Have Already Taken Motion on Theirs

Throughout his 2024 U.S. presidential run, then-candidate Donald Trump promised to establish a strategic bitcoin reserve if he was elected for his second time period in workplace after dropping his reelection bid in 2020. He made the announcement on the Bitcoin 2024 convention in Nashville, Tennessee, the place he additionally promised to make the US the crypto capital of the world.

A strategic bitcoin reserve successfully works equally to the gold held by the US at Ft. Knox. Bitcoin is regarded as “digital gold” that may maintain its worth over lengthy intervals of time and doubtlessly act as a secure haven asset in instances of world financial turmoil. In fact, others say that is all only a ploy to get votes from Bitcoin lovers.

As soon as elected, Trump certainly signed an executive order regarding a number of crypto-focused policies, together with the course of a coverage group to look into the institution of a digital asset stockpile that would doubtlessly embody cryptocurrencies apart from bitcoin. Then in March, Trump signed an executive order regarding the establishment of a bitcoin reserve, along with a separate digital asset stockpile. The preliminary reserve can be established with bitcoin that had been seized as a part of regulation enforcement proceedings, and the federal government would have the power so as to add to the reserve by way of budget-neutral strategies.

UPDATE: we’ve obtained affirmation from DOJ that the digital property forfeited by Samourai Pockets haven’t been liquidated and won’t be liquidated, per EO 14233. They are going to stay on the USG stability sheet as a part of the SBR. https://t.co/v2GchC3vk8

— Patrick Witt (@patrickjwitt) January 16, 2026

Whereas one would possibly assume any bitcoin proponent can be in favor of the reserve, there are a lot who’re towards it, particularly if it’s being sourced from the work of open-source builders. For a lot of Bitcoin purists, issues like a de minimis tax exemption on bitcoin funds and protections for builders, which could be added through the CLARITY Act, take greater precedence.

For now, the fact is the reserve has but to be fully carried out practically one 12 months after Trump’s govt order, and never a lot data relating to its standing was made obtainable in 2025. That mentioned, the finalization of the bitcoin reserve implementation continues to be a precedence of the Trump administration, according to statements made by Witt in a latest interview with Crypto in America. Witt said, “We’re persevering with to push on that. It’s actually nonetheless on the precedence record.”

Witt added that authorized discussions round which companies have the authority to implement the reserve have taken place, and there shall be “extra to come back” on the bitcoin reserve entrance. Whereas bitcoin proponents threw a considerable amount of help behind Trump in 2024, the main focus from the Trump administration to this point has been on extra centralized aspects of crypto, particularly stablecoin regulation by way of the GENIUS Act. Moreover, there’s been loads of profiteering occurring by way of Trump’s own affiliated businesses and alleged pay-for-play schemes.

🚨NEW: We requested Crypto Council Govt Director @patrickjwitt about how the White Home is considering the Strategic Bitcoin Reserve lately.

“It’s actually nonetheless on the precedence record proper now.” pic.twitter.com/qWffEnAqQx

— Crypto In America (@CryptoAmerica_) January 16, 2026

Whereas a bitcoin reserve has but to be totally carried out and finalized on the federal stage, some states are taking steps to get their very own reserves put collectively as shortly as doable. According to Bitcoin Laws, three states—Arizona, New Hampshire, and Texas—have already enacted laws for the creation of state-level bitcoin reserves, with Texas being the only state that has actively purchased bitcoin for their reserve. A number of different states have payments in varied levels of progress, together with payments that have been launched in each Florida and West Virginia simply this previous week.

These types of reserves are a part of the continued adoption and acceptance of bitcoin as a retailer of worth and reserve asset by varied forms of trusted establishments world wide. This will also be seen on the nation state stage with reserves established in El Salvador and Bhutan. Moreover, Morgan Stanley is creating its own bitcoin exchange-traded fund (ETF) after seeing the success of Blackrock’s iShares Bitcoin Belief. Even state pension funds and college endowments, most notably Harvard’s, have made allocations to the crypto asset.

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