The establishment of the U.S. Strategic Bitcoin Reserve by President Donald Trump has triggered increased government interest in digital assets.
Impact of the Strategic Reserve on Government Interest
Coinbase CEO Brian Armstrong highlighted rising institutional interest, stating that Coinbase now collaborates with 145 government entities in the U.S. and 29 abroad.
Perspectives from Deutsche Bank
Deutsche Bank emphasizes the economic benefits of the Bitcoin Reserve, describing Bitcoin as a 'hard reserve asset' due to its resilience and low correlation with traditional assets.
Legislative Initiatives and Long-Term Holding Plan
Trump's executive order inspired Senator Cynthia Lummis to reintroduce the BITCOIN Act of 2025, which aims to formally incorporate Bitcoin into U.S. reserves. The U.S. plans to acquire 200,000 BTC annually over five years.
The Strategic Bitcoin Reserve holds potential for bolstering the U.S. economic position and influences the increased interest of other countries in cryptocurrencies.
