Source: Carbon Chain Value

US President-elect Donald Trump is considering establishing a Strategic Bitcoin Reserve (SBR) via executive order, according to Satoshi Act Fund founder Dennis Porter.

On December 15, Porter shared on social media platform X that Trump plans to use the Treasury Department’s Exchange Stabilization Fund (ESF) to implement this strategy after taking office.

Porter said, "Through the Exchange Stabilization Fund, the Treasury Department has the authority to stabilize the U.S. dollar by purchasing currency. Trump will use this fund to purchase Bitcoin."

The ESF is typically used to stabilize financial markets during crises, and as of October 2024, its total assets exceeded $200 billion. Historically, the fund has played a key role in events such as the 2008 financial crisis and the COVID-19 pandemic.

Porter emphasized the importance of the move to U.S. financial strategy and the urgency to act before others get ahead. If Trump decides to oppose the executive order, Porter said his organization will push for state-level legislation to advance the SBR agenda.

He added, “If he doesn’t do this, we will be prepared to apply pressure at the state level to set off a strategic Bitcoin reserve wave.”

Fighting for SBR< p>The concept of Bitcoin strategic reserve has gained significant attention worldwide. In the United States, President-elect Trump and his allies have been active supporters of the initiative since mid-2024.

Lawmakers including Wyoming Senator Cynthia Lummis have proposed acquiring large amounts of Bitcoin as reserves. Loomis’ Bitcoin bill suggests that the United States could accumulate 200,000 BTC per year within five years.

Several U.S. states have taken steps to establish Bitcoin reserves. Pennsylvania and Texas are taking the lead, and at least ten other states are actively drafting similar bills.

Global interest in Bitcoin reserves is also increasing. Brazil recently proposed legislation to allocate 5% of its international reserves to Bitcoin. Polish presidential candidate Slawomir Mentzen has vowed to create a Bitcoin reserve if elected. In Japan, lawmakers are urged to consider similar measures.

Market observers say these developments indicate a growing recognition of Bitcoin’s role in shaping the future of the financial system. However, some are also concerned that Bitcoin supply could be concentrated into corporate reserves.