- White House Crypto Summit lays out Trump’s plan for greater US leadership in crypto.
- The Summit confirmed the creation os a US Strategic Bitcoin Reserve.
- Michael Saylor advices to accumulate 25% of the Bitcoin Network.
This week has been a most exciting week for the crypto community due to Trump’s two bullish crypto announcements. The first was Trump’s move to start a US Bitcoin Strategic Reserve, and the second is how the White House Crypto Summit lays out Trump’s plan to strengthen US leadership digital assets.
The first announcement of Trump hinting at creating a US Bitcoin Strategic Reserve sent the price of BTC from $82,000 to $92,000 only to topple back to $82,000 again. This time BTC price remained steadily at the $86,000 price range in response to the announcement of the first-ever Crypto Summit at the White House.
White House Crypto Summit Result
As we can see from the post above the White House Crypto Summit revealed how Treasury Secretary Scott Bessent confirmed the creation of a Strategic Bitcoin Reserve and a Digital Asset Stockpile. These will be made up of seized funds. He also said the Treasury will work to roll back past regulations that hurt the industry. Trump expects stablecoin legislation to pass before August, calling it key to keeping the U.S. dollar dominant.
This announcement may have been a let down for many crypto enthusiasts who hoped the White House Crypto Summit would reveal that the US would start stockpiling BTC. While this won’t start now, many analysts expect it to start after a few months from now meaning the bull pump will be delayed a bit.
Michael Saylor’s Advice to Accumulate 25% of the Bitcoin Network
After all, as we can see from the post above, Michael Saylor advised President Trump at the WHite House Summit to acquire up to 25% of the Bitcoin network in consistent purchases from 2025 to 2035 when 99% of BTC will have been issued. Once the US begins this strategy, the price of BTC will continue to climb at a hastened pace.
