Trump's Order Does Not Require U.S. Government to Purchase Bitcoin
Donald Trump issued an order in March 2025 to create a strategic reserve of Bitcoin for the United States, but this decision did not obligate the federal government to purchase Bitcoin from the open market. The current reserve is based on seized government assets, and any increase in its inventory must be done without imposing new costs on taxpayers. According to this order, the transferred Bitcoins to the reserve must be held as a long-term asset. The Department of the Treasury and the Department of Commerce are authorized to explore strategies to increase the reserve's inventory, but these strategies must be budget-neutral. Some sources estimate the U.S. government's Bitcoin holdings to be around 328,000 units, but this figure is not official. Bill H.R. 8957, titled "U.S. Reserve Modernization Act," passed the House Financial Services Committee on September 16 with a vote of 28 to 21. If finalized, this bill will create a legal framework for managing and auditing the government's Bitcoin assets. At the same time, the transfer of 2,650 Bitcoins, valued at approximately $205 million, from a wallet associated with Trump Media to the exchange Crypto.com raised speculation about the sale of these assets, but the company stated that the Bitcoins were not sold. As a result, the creation of a strategic Bitcoin reserve currently means the preservation and management of seized assets.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Crypto firms turn to Anthropic AI to find security flaws

Kruidvat sells Bitcoin gift cards with high fees

President Trump unveils $215M quantum computing plan amid crypto fears

Tiger Research: Five Key Changes in Crypto VC for Q3 2026

Midterm Elections in the United States, Bitcoin Could Benefit from a Historic Rise

Core Lightning v26.06.9 released with security fixes and payment bug repair

Long-Bond Highs Pressure Tech| WEEX TradFi Daily Brief (October 9, 2026)
Indexes were mixed on October 8 ET. The long-bond yield touched about 5.35% intraday, near levels last seen in 2002. OpenAI’s annualized revenue of about $50 billion came in below higher figures that had circulated, pressuring tech and chip names. Nasdaq fell clearly, while Dow edged higher. Energy led, with WTI up about 3.2% to about $91. Bitcoin pulled back from about $86,000 and traded near $81,000, down about 5%. September PPI is the focus on October 9.

WEEX Exclusive:Long-Bond Highs Pressure Tech| WEEX TradFi Daily Brief (October 9, 2026)
Indexes were mixed on October 8 ET. The long-bond yield touched about 5.35% intraday, near levels last seen in 2002. OpenAI’s annualized revenue of about $50 billion came in below higher figures that had circulated, pressuring tech and chip names. Nasdaq fell clearly, while Dow edged higher. Energy led, with WTI up about 3.2% to about $91. Bitcoin pulled back from about $86,000 and traded near $81,000, down about 5%. September PPI is the focus on October 9.

Ansem: Quantum Risks Will Drive ZEC Closer to BTC, Pure Meme Surpassing Bitcoin Is Highly Unlikely

Thailand SEC Allows Bitcoin and Ethereum ETFs to Trade

Q3 Crypto Investment Review: Strategic Capital Rises, Seed Rounds Cool Off

AI may be keeping Bitcoin’s biggest macro headwind alive after the Fed stops hiking

Why Are AI Stocks Still Rising Despite Soaring US Treasury Yields?

Arthur Hayes Predicts a Super Bull Market for Digital Assets

Robin Linus Releases Bitcoin Poker Protocol with 56,000 Transaction Tree Nodes

Meanwhile Completes $37.5 Million Financing, Total Funding Exceeds $180 Million

OSL Launches USDGO Market-Neutral Fund On-Chain for Hong Kong Investors

Bitcoin Core merges privacy fix into v32, v31 patch remains open

PowerCompute Mines 8.1 Bitcoin In September, Reduces Debt By 22.45 Million

Strategy Schedules October 29 Bitcoin Treasury Update

BNY Expands Regulated Crypto Custody Across The European Union Under MiCA

Citrini Research predicts tokenization could surpass BTC and ETH

Bitcoin ETFs See $484.9 Million Outflows Led By BlackRock

TD Cowen Raises Bitcoin Year-End Price Prediction to $109,000

Economist Who Called Bitcoin 'Revolutionary' Among Favorites for 2026 Nobel Prize in Economics

Breez Reports 14-Fold Increase in Bitcoin Integration Demand

ACAMS and Chainalysis expand crypto crime training as scam losses hit $17B

Report Estimates $50 Billion Inflow into Crypto Market in 2023, Momentum Improves in Q4

Satoshi-Era Bitcoin Worth $8.3 Million Moves After 16 Years












