Can a Strategic Bitcoin Reserve Move Forward Without Congress? Experts Disagree

Debate on U.S. Bitcoin reserve faces challenges without Congress approval.

: The U.S. holds 208,109 bitcoin, worth over $19 billion, but experts debate if a strategic reserve needs Congress's approval. Trump and allies support keeping seized bitcoin and possibly purchasing more, while a comprehensive plan remains undefined. Legal and logistical hurdles complicate the creation of a reserve, with some proposing alternate acquisition methods.

The U.S. government possesses over 208,000 bitcoin, valued at more than $19 billion, largely acquired through criminal confiscations. The debate centers on whether Trump can create a reserve without Congress, with complications arising from policy and procedural ambiguities.

Former President and President-elect Trump wants to stop selling seized bitcoin and consider purchasing additional amounts, aligning with Senator Cynthia Lummis's proactive approach. Implementing this strategy could require significant legislative action, although methods like using the Exchange Stabilization Fund bypass such hurdles.

Despite the possibility of control by Republicans in key branches, experts like Nic Carter argue that other crypto issues take precedence. Zack Shapiro suggests unconventional tactics, but legal consensus and strategic decisions remain uncertain as the plan's feasibility is explored.

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