<ul><li>Dennis Porter, founder of the Satoshi Action Fund, has unveiled a draft of an executive order to establish a Strategic Bitcoin Reserve within the Exchange Stabilization Fund (ESF).</li><li>The order allows for an initial allocation of up to 2% of the ESF's total portfolio value for a pilot period of 18 months.</li><li>The draft proposes using BTC in US government custody as the foundation for the reserve, integrating Bitcoin into the ESF, and discontinuing the auction of confiscated Bitcoin held by US authorities.</li><li>The proposal includes oversight mechanisms, regular audits, and a comprehensive report to Congress within 24 months to evaluate alternative frameworks for reserve management.</li></ul>

Satoshi Action Fund reveals potential executive order draft to establish US Bitcoin Strategic Reserve

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