TechFlow reports, on March 7, Forbes business journalist Eleanor Terrett disclosed that Trump's executive order will establish two separate systems: a Bitcoin Strategic Reserve and a digital asset inventory.
The Bitcoin Strategic Reserve will include approximately 200,000 BTC acquired through criminal and civil forfeitures. The government is authorized to explore ways to acquire additional Bitcoin without imposing burdens on taxpayers.
The digital asset inventory will contain other digital assets such as $XRP, $ADA, $ETH, and $SOL, although the government will not actively seek to purchase these assets. The executive order also mandates a comprehensive audit of all digital assets held by the government. According to David Sacks, the purpose of the inventory is "responsible management of digital assets owned by the U.S. Treasury."
David Sacks, White House Director of AI and Cryptocurrency, confirmed the above statements.
