Interpretation: Trump’s executive order establishes two types of digital asset holding mechanisms

PANews reported on March 7 that Fox Business News reporter Eleanor Terrett wrote on the X platform that Trump’s executive order established two different digital asset storage mechanisms:

  • 1. Strategic Reserve, which only stores Bitcoin (BTC). The initial funding source is about 200,000 Bitcoins obtained by the government through criminal and civil forfeiture over the years. It authorizes Treasury Secretary Bessent and Commerce Secretary Lutnick to explore ways to obtain more Bitcoin without increasing the burden on taxpayers. It is positioned as a national digital value reserve.
  • 2. The Digital Asset Stockpile includes other digital assets besides Bitcoin, which may include XRP, ADA, ETH, SOL and other assets. The Ministry of Finance is responsible for the "responsible management" of the digital assets held by the government. The government will only explore the use of budget-neutral methods to purchase more Bitcoin, and will not actively seek to increase the number of other digital assets in the reserve. The executive order also requires a comprehensive audit of all digital assets currently held by the government to ensure transparency in asset management.
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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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