U.S. Considers Strategic Bitcoin Reserve Under Trump Administration
Senator Lummis and state initiatives push for a national Bitcoin reserve as Trump's presidency nears.
- Senator Cynthia Lummis expresses optimism about initiating a strategic Bitcoin reserve following Trump's inauguration.
- The BITCOIN Act proposes purchasing 5% of Bitcoin's total supply over five years to support the U.S. economy.
- Pennsylvania introduces a bill allowing state funds to invest up to 10% in Bitcoin, signaling growing state-level support.
- Prediction markets show increased odds of Trump establishing a Bitcoin reserve, with Polymarket odds rising to 38%.
- Advocates like Anthony Pompliano urge the U.S. to invest significantly in Bitcoin to bolster economic positioning.