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VisitWhat will be the impact on the U.S. dollar from a Bitcoin Reserve by end of 2025?
Strengthen • 25%
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Analysis from major economic publications and financial reports
Trump Eyes Strategic Bitcoin Reserve, $19B Seized Bitcoin Could Spark Price Surge
Jan 3, 2025, 04:52 AM
President Donald Trump is reportedly considering the creation of a U.S. Strategic Bitcoin Reserve, a move that could reshape global financial markets. Industry leaders, including Metaplanet CEO Simon Gerovich, predict that this initiative could trigger a global race among nations to adopt Bitcoin as a strategic asset. Japan and other Asian countries are expected to follow the U.S. if the reserve is established. Hong Kong politicians are also showing interest in adopting similar measures to remain competitive with China. The proposal would require Congressional amendments to the Federal Reserve Act of 1913 to authorize Bitcoin as a government-held asset. The U.S. government currently holds approximately $19 billion in seized Bitcoin, which could be utilized for this purpose. Advocates argue that the reserve could strengthen the U.S. dollar and reduce regulatory risks, potentially increasing institutional interest in Bitcoin. Mara CEO Fred Thiel noted that the limited supply of Bitcoin could lead to price increases as countries compete to acquire it. Jack Mallers described the potential reserve as "the biggest economic announcement in American history."
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Decrease in Bitcoin price • 25%
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