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Trump Establishes Strategic Bitcoin Reserve, Hosts Crypto Summit at White House

The U.S. President fulfills a campaign promise to position America as a global leader in cryptocurrency with new measures and industry collaboration.

Handelsminister Howard Lutnick, Finanzminister Scott Bessent, US-Präsident Donald Trump und der Krypto-Zar des Weißen Hauses, David Sacks (v.l.n.r.)
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Donald Trump breitet auf der Bühne seine Arme aus

Overview

  • President Donald Trump signed a decree creating a strategic Bitcoin reserve, holding approximately 200,000 BTC valued at over $17 billion.
  • The reserve will include Bitcoin obtained through government seizures, with additional acquisitions allowed without taxpayer expense.
  • A separate digital asset stockpile will hold Ethereum, Solana, and other cryptocurrencies, though no active purchases are planned for these assets.
  • Trump hosted a cryptocurrency summit at the White House, emphasizing his goal to make the U.S. the 'crypto capital of the world.'
  • Critics raise concerns about potential conflicts of interest involving the Trump Organization and the broader implications of aligning government policy with industry interests.