US President Donald Trump signed an executive order on March 7, establishing a strategic Bitcoin reserve (SBR) and “digital actions”. Initially, both will write capitalized with cryptocurrency taken over by governmental criminal and civic proceedings, with future acquisitions in neutral conditions under the budget.

Moments after making the message public the BTC price dropped from around USD 91,200 to around USD 84,667 – a decrease by over 7% – in what many observers call the classic moment “sell messages”. Some market participants seem dissatisfied that the executive order is not more aggressive in buying bitcoins. However, key industry voices maintain that the market may incorrectly read long -term consequences.

Is the Bitcoin Strategic Reserve a disappointment?

According to David Sacks, and the White House and Crypto, which announced Development through X: “Only a few minutes ago President Trump signed an executive order to establish SBR. The reserve will be capitalized with bitcoins belonging to the federal government, which was forfeited as part of a criminal or civil forfeiture. This means that this will not cost taxpayers or a penny. “

Sacks added that the USA has about 200,000 bitcoins. He also explained, however, that “there has never been a complete audit” and that “EO manages the full accounting of the digital assets of the Federal Government.” In particular, US President Trump undertakes not to sell “any bitcoins deposited in the reserve. It will be stored as a value warehouse. The reserve is like a digital Fort Knox for cryptocurrency often called “digital gold”.

In addition, the Secretary of Treasury and Trade-led by the well-known Bitcoin Bull Howard Lutnick-is authorized to develop neutral strategies in terms of budget to obtain more bitcoins. Although specific methods remain unclear, this movement can lead to further accumulation of the BTC USA government. “The secretaries of the treasury and trade are authorized to develop neutral strategies under the budget in order to acquire additional bitcoins, provided that these strategies do not have additional costs for American taxpayers,” writes Sacks via X.

A separate from the SBR, an executive order is established by an American digital asset magazine, which will contain occupied digital resources other than BTC. According to bags, this supply will not be actively expanded beyond all coins that the government gains through forfeiture. He explained that his goal is to perform “responsible government management of government digital assets in the Treasury Department.”

During the variability of prices, industry leaders issued an confident tone. David Bailey, CEO BTC Inc, wrote to X: “The global response to today’s news will be immediate. This is a shot heard all over the world. He cannot be more proud of this moment or more excited about what will happen next. See you on the moon. “

Nothing Carter, Castle Island Ventures It was found Via X: “The advertisement could not be better: the promise of the campaign preserved. The Bitcoin reserve clearly distinguished from Altcoin Stockpile. Bitcoin receives an official ultrasound seal of approval, no other coin has. No $ taxpayer spent on purchasing coins (so without slack). The future acquisition of coins is probably left to the Congress as it should be. “

BitWise Chief Investment Officer (CIO) Matt Hougan listed Four reasons why the executive order has a sedate impact on Bitcoin:

1) dramatically reduces the likelihood that the US government has one day “banned” the bitcoins;

2) radically increases the likelihood that other nations will establish Bitcoin strategic reserves;

3) accelerates the speed at which other nations will consider establishing strategic Bitcoin reserve, because it creates a low -term window for nations to make potential additional purchases through the US;

4) It significantly hinders the institutions of national platforms of account advisors after quasi-government agencies, such as the IMF-MFW-do bitcoin positioning as somehow unsafe or inappropriate.

Known cryptographic analyst Macroscope (@macroscope17), commented: “The market was not sure that there would even be a strategic reserve. Now it will not only be one, in fact the acquisition of a larger BTC look likely. Apart from the immediate sales response, in the long run, it is extremely stubborn compared to the expectations of the market until then. “

The analyst expects this message to ignite the “Psychology of the Armaments Breed in a national state.” He also expects that he will see more 13F applications by sovereign property funds that have been waiting for this advertisement. “Critical to watch it in the coming weeks and months,” he concluded.

During the BTC press it traded at USD 88 104.

A distinguished painting created from Dall.e, chart from tradingview.com

Editorial process For a bitcoinist, she focuses on providing thoroughly examined, precise and impartial content. We maintain strict acquisition standards, and each page undergoes a careful review of our team of the best technological experts and experienced editors. This process ensures the integrity, importance and value of our content for our readers.