The US government is increasingly active in the cryptocurrency asset space. After Trump took office, Bitcoin's strategic reserve quickly transitioned from a campaign promise to policy. On March 6th of this year, he signed an executive order officially launching the "Strategic Bitcoin Reserve" program, incorporating Bitcoin obtained through judicial procedures into the national reserve.

This model is completely different from traditional reserves. Others spend money to buy; what does the US government rely on? Law enforcement confiscation. Bitcoin seized by the judiciary from dark web transactions and ransomware cases is now being transferred into the national treasury. It sounds a bit outrageous, but the numbers are real—the US government currently holds about 200,000 Bitcoins, most of which were acquired this way.

The most telling example is the recent asset confiscation operation against the Cambodian Prince Group. This move made it clear to the market: the Trump administration's attitude toward Bitcoin reserves is serious, and they are systematically accumulating.

Interestingly, there has been a reversal in Trump's own stance. In 2019, he criticized cryptocurrencies on social media, saying their value was illusory and extremely unstable. Fast forward to the 2024 campaign, and the tone has completely changed—he now advocates making the US a "Bitcoin superpower." What changed everything? Political donations. Crypto industry-related political action committees raised over $245 million in the last election.

In simple terms, this isn't some sophisticated financial strategy; it's the result of the collision between political realities and market forces.