strategicbitcoinreserve

🇺🇸🚫 U.S. Treasury Draws the Line: No Bitcoin Bailouts, No Taxpayer Money 💰₿

Big news out of Washington 👀👇

During testimony before the House Financial Services Committee, U.S. Treasury Secretary Scott Bessent made it crystal clear:
👉 The U.S. government cannot and will not use taxpayer funds to “bail out” Bitcoin ❌🏦

🏛️ What Happened?

While presenting the Financial Stability Oversight Council’s annual report, Rep. Brad Sherman pressed Bessent with a pointed question — could the U.S. ever step in to save Bitcoin the way banks were rescued during the 2008 financial crisis? 😬📉

Sherman even suggested scenarios like:

Directing banks to buy BTC 🏦➡️₿

Adjusting banking rules to support crypto holdings 📜

Bessent shut it down immediately 🚫👇

“I am Secretary of the Treasury. I do not have the authority to do that.”

He emphasized that neither the Treasury nor federal regulators can:
❌ Force banks to hold Bitcoin
❌ Allocate public funds into crypto
❌ Engineer a government-backed BTC rescue

₿ So Why Does the U.S. Hold Bitcoin?

Good question 🤔

Bessent clarified that all U.S. Bitcoin holdings come from law enforcement seizures, not investments.

🟢 “We are retaining seized bitcoin.”
🟢 “That is an asset of the U.S.”

And here’s the kicker 💥👇
👉 About $500 million worth of seized BTC has grown to over $15 BILLION 📈🔥

That’s one serious example of Bitcoin’s long-term upside.

🛑 No More Selling $BTC

Bessent also reaffirmed the government’s updated stance:

🏛️ The U.S. will stop selling seized Bitcoin

🪙 $BTC will be added to the Strategic Bitcoin Reserve

📜 This is mandated under Executive Order 14233

Any sale of forfeited BTC would directly violate that order ⚖️❌.

🌍 Bigger Picture

Speaking previously at Davos, Bessent framed the Strategic Bitcoin Reserve as part of a broader effort to:
🇺🇸 Bring digital-asset innovation back to the U.S.
🚀 Maintain competitiveness without risking taxpayer money

Even amid ongoing legal cases tied to Tornado Cash and Samourai Wallet, the message remains firm:
👉 Seized Bitcoin stays on the balance sheet 🧾₿

📌 Bottom Line

🚫 No Bitcoin bailouts
🚫 No taxpayer-funded rescues
✅ Seized BTC = U.S. government asset
📈 Long-term appreciation acknowledged

Bitcoin doesn’t need a bailout — and the U.S. Treasury won’t provide one 😎₿🔥

#Bitcoin #BTC #USPolitics 🇺🇸 #CryptoNews #StrategicBitcoinReserve
$BTC

Donald Trump’s Executive Order to Establish Strategic Bitcoin Reserve Drafted
The Bitcoin Policy Institute has drafted the executive order to establish a strategic Bitcoin reserve under the United States Treasury’s Exchange Stabilization Fund (ESF).
The draft aims to position Bitcoin as a national strategic asset for the U.S. under President Donald Trump.
The proposed order outlines measures to ensure the United States remains competitive in the evolving global digital economy.
Notably, this policy requires approval and signing after Donald Trump’s inauguration to take effect.
Details of The Bitcoin Reserve and Policy ObjectivesThe executive order emphasizes integrating Bitcoin into the U.S. financial system to strengthen economic security and global leadership.
According to the draft, Bitcoin’s decentralized and limited supply characteristics make it a valuable asset comparable to digital gold.
The proposal recommends designating Bitcoin as a strategic reserve asset within the ESF to diversify holdings, attract innovation, and promote domestic industry growth.
Under the draft’s provisions, the Treasury Secretary would oversee the creation of a Strategic Bitcoin Reserve (SBR), with an allocation of $521 billion for Bitcoin acquisition.
The proposal mandates that all Bitcoin held by federal agencies, such as the U.S. Marshals Service, be consolidated into the SBR within seven days of the order’s issuance. Notably, it prohibits the sale of any Bitcoin from this period.
Additionally, the draft directs the Treasury to implement a detailed acquisition plan within 60 days to establish the United States as a global leader in Bitcoin holdings and innovation.
Safeguarding Bitcoin Holdings
The draft order includes stringent measures to ensure the security of Bitcoin reserves. Initial custody of Bitcoin would rely on reputable third-party custodial service providers while the Treasury develops a robust self-custody framework.
The proposed self-custody measures involve collaboration with agencies such as the National Security Agency (NSA) and the Cybersecurity and Infrastructure Security Agency (CISA) to implement multi-signature controls, geographic distribution, and cryptographic reserve proof verification.
Additionally, the Treasury would be responsible for regular audits and transparency measures, including quarterly public proofs of reserve and detailed annual reports.
These reports would assess the strategic advantages of Bitcoin holdings, acquisition strategies, and economic impacts. The plan aims to maintain public trust while safeguarding national economic interests.
Global Context
The draft order arrives amid growing global interest in Bitcoin. Sarah Knafo, a French member of the European Parliament, has urged the European Union to establish its own strategic Bitcoin reserve.
She opposes the proposed digital euro, describing it as a potential tool for central control, and instead supports Bitcoin as a decentralized alternative.
Citing El Salvador’s adoption of Bitcoin as a legal tender in 2021, Knafo pointed to its success in boosting economic returns and national sovereignty.
#DonaldTrump #StrategicBitcoinReserve #USACryptoLaw #cryptomarket #CryptoNews