At the first summit dedicated to cryptocurrencies, former US President Donald Trump made a bold statement about the creation of a national strategic Bitcoin reserve. He compared this fund to the legendary Fort Knox gold storage, emphasizing that cryptocurrencies are becoming an integral part of the modern financial system.
200,000 BTC Under Government Control
During his speech, Trump announced that the federal government currently holds approximately 200,000 BTC. These assets were confiscated in various criminal cases and were previously regularly sold at auctions. However, according to him, the new strategy is not to sell but to accumulate digital gold.
A New Course for Accumulation
Trump noted that in recent years, especially under Joe Biden’s administration, the US government has actively sold confiscated Bitcoins, which he considers a strategic mistake. Now, the US intends to revise this approach. Bitcoins will no longer be sold—instead, they will become part of the country’s reserves, helping to strengthen the national economy and hedge against potential financial crises.
Possibility of Additional Bitcoin Purchases
The Treasury Department and the Department of Commerce have been instructed to explore the possibility of acquiring additional Bitcoins for state reserves. Trump stressed that he views BTC as a strategic asset capable of ensuring the country’s financial stability amid macroeconomic uncertainty.
Experts point out that if the US begins actively buying Bitcoin, it could significantly impact the market, creating additional demand and driving up cryptocurrency prices. Given Bitcoin’s limited supply (with a maximum issuance of 21 million coins), such a policy could accelerate institutional adoption of digital assets.
Stablecoin Regulation Law and the End of Debanking
One of the key points in Trump’s speech was his promise to sign a law regulating stablecoins by August. He noted that stablecoins could play an important role in the financial system and ensure stability in digital payments.
Additionally, he promised to put an end to the practice of debanking crypto companies, in which banks refuse to provide services to firms associated with digital assets. According to him, this restricts the development of the innovative industry in the US and prevents the country from becoming a global leader in blockchain and cryptocurrencies.
“Never Sell Bitcoin”
At the crypto summit, Trump sent a clear message to investors: “Never sell Bitcoin.” He emphasized that BTC is a unique asset capable of protecting savings from inflation and economic turmoil. He also stated that the government should seek ways to increase its BTC reserves rather than reduce them.
Such a statement could become a powerful catalyst for increasing trust in cryptocurrencies among investors and government institutions. If the Bitcoin accumulation policy is implemented, the US may set a new trend in the economic strategy of world powers.
Impact on the Cryptocurrency Market
Trump’s speech sparked a wave of discussions among crypto investors and analysts. Many believe that a shift in the US approach to Bitcoin could be a turning point for the entire industry. Previously, the US government was considered one of the largest BTC sellers, but now it may become the largest holder and buyer.
If other countries follow the US example and start creating their own crypto reserves, this could lead to a significant reduction in the available BTC supply, potentially triggering a new bull run.
The crypto summit demonstrated that Bitcoin and other digital assets are becoming an integral part of the global financial system. Donald Trump made a series of bold statements confirming that the US views BTC as a strategic asset worthy of a place in the national reserve.
If Trump’s promises are fulfilled, the US government could become the largest BTC holder, shifting the balance of power in the crypto market. At the same time, stablecoin regulation and the end of debanking could create favorable conditions for the growth of the digital asset industry.
In light of these statements, the crypto community eagerly awaits the next steps from the US in this direction. Will Bitcoin become the new digital gold that global powers look up to? The answer to this question may become clearer in the coming months.
