White House Artificial Intelligence and Crypto Tsar David Sacks says that a newly signed executive command can pink the road for the US to actively buy Bitcoin.
The purchases of “budget neutral” would be BTC that has ordered Trump to hold the US as a strategic reserve.
Sacks has confirmed First report from Fox Business Journalist Eleanor Terrett, who explained The difference between the Bitcoin Reserve and Stockpile on the social media platform X.
“The executive command of Trump requires two separate things – a strategic reserve and a stock. The Strategic Reserve will only contain BTC (the digital assets with the most value of value) with the help of the 200,000 tokens that have already been in the possession of the government taken by criminal and civilian forfeiture.
Sacks Sacks [Treasury Secretary] Berry and [Commerce Secretary] Lutnick has also been authorized to explore resources to acquire more Bitcoin through roads that the taxpayer will not cost.
A digital assets stock that includes other cryptocurrencies will be made separately, apart from Bitcoin with the help of seized assets that are already owned by the government. “
The price of Bitcoin then dropped the news about Trump’s new executive order a few hours ago.
After sinking from $ 90.251 to an Intrad-Day low of $ 85,091, BTC is now $ 87,476 at the time of publication.
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Credit : dailyhodl.com
