MASSIVE BREAKING:
I can confirm that my team has finalized a model EXECUTIVE ORDER for the president of the United States to establish a ‘Strategic Bitcoin Reserve’ https://x.com/Dennis_Porter_/status/1869106847153889413
Trump Reportedly Considering Executive Order To Establish Strategic Bitcoin Reserve
byMurtuza Merchant, Benzinga Staff Writer
Satoshi Action Fund CEO and co-founder Dennis Porter on Sunday revealed that President elect Donald Trump is exploring the possibility of issuing an executive order to create a Strategic Bitcoin Reserve (SBR).
The move would mark a significant shift in U.S. economic policy, positioning Bitcoin
"If he (Trump) doesn't act, we will be ready to apply pressure at the state level by creating a wave of Strategic Bitcoin Reserves," Porter stated in a series of social media posts.
He emphasized the urgency of the initiative, adding, "We are in a race to SBR."
Porter's comments come as Trump has signaled openness to the concept, previously promising to end federal sales of seized Bitcoin and instead build a permanent reserve.
Speaking at a summer conference, Trump said, "For too long, the government has violated the cardinal rule that every Bitcoin owner knows by heart: Never sell your Bitcoin."
He described the proposed reserve as a "permanent national asset to benefit all Americans."
While the idea of a federal reserve garners attention, Porter stressed the importance of passing state-level legislation to solidify the framework.
"Executive Orders get reversed when a new president takes over. They are worthless," he noted, advocating for a more durable legislative approach.
The campaign to establish Bitcoin reserves reflects growing interest in cryptocurrency as a strategic asset.
Supporters argue that such reserves could strengthen the U.S. position in an increasingly digital global economy.
"Applying pressure requires us to pass SBR laws,” Porter said.
