Crypto Leaders Flock to DC as Trump Signs Bitcoin Reserve Order

As about two dozen crypto-industry executives head to the White House for a summit on Friday, President Donald Trump has a gift ready for them: An executive order calling for the creation of a Strategic Bitcoin Reserve and a separate stockpile of other digital assets.

Trump signed the order Thursday night, according to posts on X by his artificial-intelligence and crypto czar David Sacks and aide Margo Martin. Both the reserve and the stockpile will contain crypto forfeited as part of legal proceedings, according to Sacks.

The order authorizes the Treasury and Commerce departments to develop “budget-neutral strategies” for buying ...