U.S. Strategic Bitcoin Reserve Marks Major Endorsement of Crypto, Says H.C. Wainwright
The creation of a Strategic Bitcoin Reserve (SBR) in the U.S. represents a major institutional milestone for bitcoin, according to a research report by brokerage firm H.C. Wainwright on Monday.
The initiative positions bitcoin alongside gold as a sovereign-grade store of value, analysts Kevin Dede and Michael Donovan wrote. They view the move as a historic validation of bitcoin’s legitimacy as a financial asset.
As part of the plan, President Trump has directed his administration to establish a reserve composed of bitcoin seized by the government, while also calling for the accumulation of other cryptocurrencies.
One of the key aspects of the executive order is the prohibition on selling seized bitcoin, which eliminates concerns about the U.S. government dumping large amounts of BTC onto the market. The Treasury and Commerce Departments have also been tasked with increasing the government’s bitcoin holdings through budget-neutral strategies, signaling a long-term commitment to the asset.
In addition to the federal initiative, Texas recently passed SB-21, a bill allowing the state to invest public funds in bitcoin. H.C. Wainwright believes this move could inspire other states to follow suit, further cementing bitcoin’s role in government financial reserves.
With bitcoin gaining recognition as a Treasury reserve asset, major institutional players—including nation-states and corporations—may look to expand their holdings. The report highlights bitcoin’s scarcity, seamless global transferability, and inflation resistance, factors that could make it increasingly competitive with gold’s $20 trillion market capitalization.
