U.S. Strategic Bitcoin Reserve Seen as a ‘Historic Endorsement’ of Crypto, Says H.C. Wainwright

H.C. Wainwright: U.S. Strategic Bitcoin Reserve is a ‘Historic Validation’ of Crypto

The Strategic Bitcoin Reserve (SBR) established by the U.S. government marks a historic shift in how bitcoin is viewed on the global financial stage, according to a report from H.C. Wainwright released Monday.

Analysts Kevin Dede and Michael Donovan described the move as a “monumental endorsement” of bitcoin’s role as a sovereign-grade asset, comparing its legitimacy to gold, which has long been prized as a global store of value.

President Trump’s directive calls for the creation of a Bitcoin Strategic Reserve, stocked with bitcoin seized by the government, while also urging the accumulation of other digital assets.

A critical element of the executive order is that seized bitcoin cannot be liquidated, removing concerns that the U.S. government might offload large amounts of BTC, potentially disrupting the market. Additionally, the Treasury and Commerce Departments have been tasked with growing federal bitcoin reserves using budget-neutral methods, reinforcing the long-term strategic commitment to bitcoin without burdening taxpayers.

The move aligns with Texas’ newly passed SB-21, a bill allowing the state to invest public funds in bitcoin. H.C. Wainwright suggests this may encourage other states to adopt similar policies, further integrating bitcoin into government financial strategies.

The report also highlights bitcoin’s fundamental advantages over traditional assets, including scarcity, global transferability, and resistance to inflation, positioning it as an increasingly attractive alternative to gold, which currently has a $20 trillion market capitalization.