18 hours ago · David Sacks claims the US lost $16 billion by selling bitcoin too early. A Trump executive order created a Strategic Bitcoin Reserve and Digital Asset Stockpile.

2 days ago · President Donald Trump signed an executive order Thursday establishing a government reserve of bitcoin, a key marker in the cryptocurrency’s journey towards possible mainstream acceptance.. Under Trump’s new order, the U.S. government will retain the estimated 200,000 bitcoin it’s already seized in criminal and civil proceedings, according to Trump’s “crypto czar” David Sacks.

2 days ago · David Sacks, the White House crypto czar, said Friday that taxpayers have lost out on "over $17 billion of value" because earlier administrations never took advantage of bitcoin already in the U.S ...

2 days ago · Sacks estimated that the U.S. government currently holds around 200,000 bitcoin (worth roughly $17.5 billion, according to current prices).That existing bitcoin, which was seized by law ...

2 days ago · White House AI and crypto czar David Sacks says the government will build a US Digital Asset Stockpile. He says a full audit will be done to find out exactly how much Bitcoin the government owns.

1 day ago · The oldest and most popular cryptocurrency, bitcoin has gone from an experiment by libertarian cryptography enthusiasts to an asset worth $1.7 trillion in less than two decades. “Bitcoin is special,” said David Sacks, the Trump administration’s “crypto …

2 days ago · David Sacks, the White House czar for cryptocurrency and artificial intelligence, posted on X that the U.S. has roughly 200,000 Bitcoin but "there has never been a complete audit." He added that ...

2 days ago · Sacks has ordered a full accounting of the federal government's existing crypto reserves, which he estimated at 200,000 Bitcoin alone. That's worth $17.5bn (£13.6bn) at today's prices.

Feb 6, 2025 · David Sacks, President Donald Trump’s new “crypto czar,” is taking a different approach to digital assets. Over the past few weeks, Sacks has been very clear on two main priorities: a U.S. Bitcoin reserve and stablecoin legislation.

Feb 4, 2025 · Venture capitalist David Sacks and Republican lawmakers spent much of Tuesday laying out their plans to start working towards a regulatory framework for crypto. Sacks told CNBC that getting...