Trump proposes retaining federal Bitcoin as a national stockpile

On July 27, 2024, Trump proposes retaining federal Bitcoin as a national stockpile. Donald Trump says that, if elected, his administration would retain the federal government's Bitcoin holdings as the core of a strategic national stockpile.

Trump said the federal government should retain Bitcoin it already controlled rather than sell it. The statement was a campaign proposal, not an executive action or enacted reserve policy.

The event marks a change in the legal environment around Bitcoin access, custody, mining, reporting or financial products, with consequences determined by the specific jurisdiction and stage of the action.