President Donald Trump’s decision to create a Strategic Bitcoin Reserve (SBR) is an “important development” rather than a “waste of money”, despite concerns over a potential recession and market downturns, according to analysts at K33 Research.

Experts emphasize that the initiative demonstrates the government’s serious commitment to cryptocurrencies.

Trump has directed officials to develop a Bitcoin acquisition strategy without additional taxpayer expenses. According to K33, Treasury Secretary Scott Bessent is expected to present specific measures by May 5. Potential funding sources include liquidation of excess assets from the Treasury’s Exchange Stabilization Fund, selling IMF Special Drawing Rights, or revaluing gold certificates.

Analysts assert that the current market correction, which saw Bitcoin drop to a yearly low of $76,555, is unrelated to the SBR. Instead, K33 sees the situation as an opportunity for asset accumulation, highlighting that the U.S. will no longer sell seized BTC but will focus on accumulating them instead.

Earlier, on March 11, Senator Cynthia Lummis introduced an updated Bitcoin Act in the U.S. Senate, which would allow the government to hold more than 1 million BTC as part of the national crypto reserve.