Trump Administration Eyes Bitcoin for Strategic Reserve: Fact or Speculation?

Trump Administration Eyes Bitcoin for Strategic Reserve: Fact or Speculation?

Rumors have surfaced suggesting that the Bitcoin Policy Institute (BPI) has drafted a proposal urging the Trump administration to incorporate Bitcoin into the United States’ strategic reserves. The supposed plan calls for the integration of government-held Bitcoin and the initiation of a procurement strategy within 60 days. However, no official confirmation has been provided to validate this claim.

The idea of a U.S. Bitcoin reserve has gained traction in recent months, driven by increased institutional interest in cryptocurrency. President-elect Donald Trump has hinted at taking significant steps toward integrating Bitcoin into federal economic planning. During his campaign, he floated the concept of a $20 billion Bitcoin reserve and recently suggested that this proposal is under active consideration.

Jack Mallers, CEO of Strike, recently claimed that Trump might use an executive order on his first day in office to establish such a reserve. According to Mallers, this move could leverage the Exchange Stabilization Fund (ESF), a financial mechanism that has historically been used for currency interventions.

Meanwhile, Senator Cynthia Lummis has proposed an ambitious plan for the government to acquire one million Bitcoins over a five-year period, though this measure would require congressional approval.

As cryptocurrency advocates debate the feasibility of these plans, industry analysts remain divided. While the discussions highlight Bitcoin’s growing significance in global economics, no concrete actions have been taken to confirm its inclusion in the U.S. strategic reserves. Until further announcements, this remains a topic of speculation rather than policy.

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