President Trump is taking bold action to fix past mistakes with America’s bitcoin strategy. For years, the federal government sold off bitcoin it seized from criminals, costing taxpayers billions. Now, Trump is putting a stop to those bad decisions and making sure America holds onto this valuable asset.
The government lost over $17 billion by selling bitcoin too early. Instead of keeping it, past leaders rushed to sell, getting just $366 million. If they had held on, those bitcoins would be worth over $17 billion today. Trump called this a “foolish” move that hurt everyday Americans.
To fix this, Trump created the Strategic Bitcoin Reserve. This reserve will hold every bitcoin the government gets from seizing criminal assets. The rule is simple: never sell. By treating bitcoin like digital gold, America can protect its value and use it to stay ahead globally.
David Sacks, Trump’s crypto advisor, slammed the old strategy. He said selling bitcoin was like throwing away money. Under Trump’s plan, the government will hold bitcoin just like it holds gold in Fort Knox. This keeps it safe and lets it grow in value over time.
Critics argue previous administrations didn’t understand bitcoin’s potential. The Biden administration, for example, sold off huge amounts, missing out on massive gains. Trump’s team says those leaders were shortsighted and failed to see bitcoin’s role in the future of finance.
The new approach is smart and budget-friendly. The government won’t spend taxpayer money to buy more bitcoin. Instead, it’ll use what it already takes from criminals. Any new bitcoin must be acquired without adding to the debt or raising taxes.
Trump’s plan also includes a stockpile for other cryptocurrencies, but bitcoin gets special treatment. With only 21 million bitcoins ever existing, America’s reserve puts it ahead of other nations. This move signals strength and innovation, showing the world that the U.S. is serious about leading in digital assets.
By holding bitcoin, America secures its financial future. Trump’s strategy rejects the old ways of quick sales and embraces long-term thinking. This isn’t just about money—it’s about ensuring America remains the global leader in technology and economic power.
