David Sacks Hints at Expanded US Bitcoin Reserve — TradingView News
After printing all-time highs earlier this year and surpassing the landmark $100k level, Bitcoin has oscillated for months and is retreating. Despite the short-term weakness, Bitcoin provides investors with five reasons to be bullish into year-end, including:
Crypto Czar David Sacks Hints at Potential Expansion of US Strategic Bitcoin Reserve
Earlier this year, President Donald Trump and his hand-selected ‘Crypto Czar’ David Sacks lit up the Bitcoin lexicon by announcing the ‘Strategic Bitcoin Reserve and US Digital Asset Stockpile.’ Through the March 6th Trump administration executive order (EO), the US government will hold onto any Bitcoin seized through nefarious activities (The US currently holds ~200k Bitcoin).
While the EO…
