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U.S. President Donald Trump has officially made the United States the largest nation-state holder of Bitcoin by signing an executive order this evening to create a Strategic Bitcoin Reserve. The reserve will hold an estimated 200,000 BTC, marking a significant shift in U.S. financial strategy and reinforcing Bitcoin’s role in the global economy.
David Sacks, President Trump’s Crypto Czar, provided further clarification on the newly established reserve, stating that the reserve will be funded by Bitcoin already owned by the federal government, specifically assets forfeited in criminal and civil asset forfeiture proceedings. “This means it will not cost taxpayers a dime,”…
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