The U.S. Strategic Bitcoin Reserve is a government-held stockpile of bitcoin, established by executive order in March 2025. The order treats Bitcoin as a long-term reserve asset, comparable to how the country holds gold, and directs that the coins placed in the reserve are not to be sold.

Almost all of the U.S. government’s BTC was accumulated through law enforcement seizures. The Reserve is not a program of buying bitcoin on the open market, and it is not backed by an act of Congress. It currently rests on an executive order, which a future president could undo.

In this article, we’ll cover the history, holdings, and future of the U.S. Strategic Bitcoin Reserve.

A Strategic Bitcoin Reserve is a government-held stockpile of bitcoin maintained for long-term strategic purposes.

The U.S. version was created by executive order in March 2025, funded with BTC the government seized in criminal and civil cases.