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White House · Bloomberg · Donald Trump · Bitcoin · Federal Reserve (FED) · U.S. Treasury ·

Trump signed an executive order in March 2025 to create what he called a Strategic Bitcoin Reserve

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Micah Zimmerman.

The order directed the Treasury and Commerce departments to develop budget-neutral methods for acquiring bitcoin, ones that would not draw on taxpayer money.

Key facts

Summary

A dispute between the Treasury and Commerce departments over who should oversee the proposed U.S. Strategic Bitcoin Reserve has delayed its rollout more than a year after President Trump ordered its creation, according to a Bloomberg report. Sixteen months after President Donald Trump ordered his administration to build a federal bitcoin reserve, the White House says it is still working out how the fund should be structured, and a dispute between two departments has slowed the effort, according to recent reporting from Bloomberg. Trump signed an executive order in March 2025 to create what he called a Strategic Bitcoin Reserve, along with a separate U.S. Digital Asset Stockpile for other cryptocurrencies. The reserve was to be funded in large part with bitcoin the government already holds through criminal and civil forfeitures.

#White House #Bloomberg #Donald Trump #Bitcoin #Federal Reserve (FED) #U.S. Treasury