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Vladislav
@vladosddos
The U.S. Secretaries of the Treasury and Commerce have been authorized under an executive order signed by President Donald Trump to develop budget-neutral strategies for acquiring additional bitcoin for the Strategic Bitcoin Reserve. The authorization stipulates that these strategies must not impose additional costs on U.S. taxpayers, meaning any additional Bitcoin purchases would have to be funded through existing resources or revenue sources, such as profits from Federal Reserve operations, the sale of other assets such as gold, or other budget-neutral mechanisms. This development is consistent with a broader initiative to create a Strategic Bitcoin Reserve using bitcoin already held by the federal government from criminal and civil forfeitures, valued at approximately 200,000 BTC. The exact methods for acquiring additional bitcoin remain unspecified in public statements, but the directive provides flexibility for the secretaries to explore options that meet the budget-neutral requirement.
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