The United States (U.S.) Treasury Secretary Scott Bessent has backpedaled on his earlier comments and revealed plans for a Strategic Bitcoin Reserve. He stated the foundation for this initiative and how the U.S. government intends to expand the reserve over time.

Treasury Secretary Comments On Strategic Bitcoin Reserve

In an X post , Treasury Secretary Scott Bessent said that BTC that has been finally forfeited to the federal government will be the foundation of the Strategic Bitcoin Reserve, which Trump established in March through an Executive Order . He also revealed that they are committed to exploring budget-neutral pathways to acquire more Bitcoin to expand the reserve.

The Treasury Secretary noted that this is in line with Trump’s promise to make the U.S.

See Full Page