David Sacks stated at a press conference in February 4, 2025, the Trump administration is evaluating the establishment of a national Bitcoin reserve as an early priority

Quotes that support claims

David Sacks confirmed that the Internal Working Group of the Trump administration is studying whether a national Bitcoin reserve is possible. For decades, the Federal Reserve has relied on a combination of gold reserves and US Treasury bonds to back economic stability

The White House 'Crypto Czar,' David Sacks, said the crypto working group established by President Donald Trump’s executive order is evaluating the establishment of a Bitcoin reserve as an early priority for the administration