Trump creates bitcoin reserve as White House holds 'crypto summit' [Yahoo! Finance]
Trump Media & Technology Group Corp. (DJT)
Company Research
Source: Yahoo! Finance
a campaign promise he made to an industry that is gathering at the White House Friday for a "crypto summit." The bitcoin reserve will be seeded with bitcoin ( BTC-USD ) already owned by the federal government that was taken as part of criminal or civil asset forfeiture proceedings, Trump's crypto czar David Sacks said in a post on the social media platform X. "This means it will not cost taxpayers a dime," Sacks said. Before signing the executive order in the Oval Office, Trump asked Sacks if he believed in the reserve and then said, "We made the promise" — referring to the pledge of a bitcoin reserve he made on the 2024 campaign trail. Sacks said on X that the US government owns an estimated 200,000 bitcoins worth over $17 billion after selling off a
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- CEOs Slam Short Sellers, Then Dump Their Own Stock [Forbes]Forbes
DJT
Sec Filings
- 3/12/25 - Form 4
- 3/12/25 - Form 4
- 3/7/25 - Form 8-K
- DJT's page on the SEC website