It's really not a bull case for crypto that the strategic reserve is just a holder of confiscated illegal coins. Ie it's not a big push to pump the price and demand that many was hoping for. Bitcoin is still flat on the news ..
Yes, the article mentioned the declining asset value following this executive action. Even still I would have far more faith in this concept if the confiscated coins were exchanged for fiat shortly after confiscation to drive down asset value over time.