Shouldn't this announcement be made after the executive orders are signed?
I see that the markets reacted positively to the news, but not insanely, as billions of dollars will flow into the market. Therefore, the reserve is from seized coins or its implementation may need more time.
The strategic reserve can start with seized coins but later by assessment, if this strategic reserve works fine, the USA will possibly consider to DCA cryptocurrencies to expand its national strategic reserve.
If Bhutan, El Salvador which are small countries can do it and succeed, the USA can do it and even do it better. They are a bigger nation, with much considerable more money to spend, and effects from their news are big already, so their actual action in accumulation can bring bigger impacts on this market, capital inflow and surely price will be benefited.
It's ironic seeing his braindead supporters support him through thick and thin while he leeches off of them and everyone else in this manner. Toxic reality indeed.
Did he refuse and announce it officially that he won't add Bitcoin to this strategic reserve?
He did not say anything like this and there is space and chance for his announcement on Bitcoin and Ethereum in future. He knows very well about news impact so he knows what he does with his announcement. We only are unsure about his thinking on Bitcoin and Ethereum, and whether he actually wants to have Bitcoin and Ethereum for the strategic reserve. I believe he wants them and only did not announce it yet.