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Trump signs executive order establishing U.S. strategic bitcoin reserve

  • President Donald Trump has signed an executive order to create a strategic cryptocurrency reserve containing 198,000 bitcoins, valued at approximately $17 billion.
  • David Sacks, White House crypto czar, stated that the reserve will not cost taxpayers anything and will serve as a store of value.
  • The establishment of the reserve marks a significant step for bitcoin toward mainstream acceptance, according to sources.
  • Many individuals, especially crypto entrepreneurs, are seeking pardons from Trump amidst a changing political landscape.
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Blockhead broke the news in on Thursday, March 6, 2025.
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