Trump Creates Strategic Bitcoin Reserve, Considers XRP, Solana, Cardano for Digital Asset Stockpile

On Thursday, President Trump established a strategic Bitcoin reserve, recognizing its unique status among cryptocurrencies. A White House official told Decrypt that Bitcoin's security and decentralization warranted this special treatment. The executive order also created a federal Digital Asset Stockpile, including cryptocurrencies seized in criminal or civil asset forfeiture proceedings. Trump mentioned on Sunday that XRP, Solana, and Cardano could be included, boosting their market prices. However, it remains unclear if the U.S. government currently holds these assets. The U.S. government holds nearly 200,000 Bitcoin, which will be held indefinitely to generate long-term value. The Treasury Secretary can sell off any altcoins in the Digital Assets Stockpile if deemed the best strategy.