U.S. Government’s Bitcoin Reserve a ‘Monumental Approval’ of Crypto, Says H.C. Wainwright

U.S. Bitcoin Reserve Signals Major Shift in Government Crypto Policy: H.C. Wainwright

The establishment of a U.S. Strategic Bitcoin Reserve (SBR) marks a pivotal moment in Bitcoin’s adoption at the sovereign level, according to a report from H.C. Wainwright released Monday.

Analysts Kevin Dede and Michael Donovan described the move as a “transformative step” in recognizing Bitcoin’s legitimacy as a strategic financial asset, likening its status to gold as a long-term store of value.

Under President Trump’s directive, the administration will hold and manage Bitcoin acquired through government seizures while also looking into additional digital asset reserves. This approach signals a clear shift in policy, positioning Bitcoin as a key part of national financial strategy rather than just a speculative asset.

Notably, the executive order includes a ban on selling confiscated Bitcoin, removing market fears of government-triggered sell-offs. Instead, the Treasury and Commerce Departments have been tasked with growing federal Bitcoin holdings through budget-neutral means, ensuring taxpayer funds aren’t used for accumulation.

The move comes alongside Texas’ passage of SB-21, a bill allowing the state to invest public funds in Bitcoin, a trend that could extend to other states. H.C. Wainwright believes this is a strong signal of broader institutional adoption of Bitcoin at both state and federal levels.

The report also highlights Bitcoin’s superior monetary properties, including fixed supply, global accessibility, and inflation resistance, suggesting it could attract major institutional holders and compete with gold’s $20 trillion market capitalization.

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