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.

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.