KBW Report: U.S. Government Considers Bitcoin Strategic Reserve

On Friday, a KBW research report highlighted that President Trump's executive order to establish a Bitcoin Strategic Reserve marks a pivotal moment for the crypto industry. The order directs the administration to hold seized Bitcoin and create a digital asset stockpile. Bitcoin is exclusively treated as a reserve asset, with no plans for sales and potential for further acquisitions. The U.S. government is estimated to hold approximately 198,000 Bitcoin, with about 55% earmarked for return to Bitfinex, leaving a balance of around 86,000 tokens. Potential accumulation methods include selling some of its $800 billion in gold reserves, issuing U.S. Treasury Bitbonds, or forming partnerships with U.S. miners for Bitcoin royalties in exchange for tax incentives.