The CEO of Strike, Jack Mallers, revealed that President-elect Donald Trump plans to establish a strategic bitcoin reserve on his first day in office through an executive order, according to an interview on Timcast. This news comes amid growing interest in a strategic bitcoin reserve for the US, with proposals such as the Bitcoin Act of 2024 from Senator Cynthia Lummis suggesting the purchase of 200,000 bitcoins annually for five years. If Trump follows through with this plan, it could potentially reshape the financial system's approach to currency reserves and encourage global adoption of bitcoin.
- Content Editor ( news.bitcoin.com )
- 2024-12-16
Strike CEO Drops Bombshell: Trump Eyeing US Bitcoin Reserve on Day One via Executive Order