Strike CEO Reveals Bold Claim: Trump Eyes U.S. Bitcoin Reserve via Executive Order

Strike CEO Drops Bombshell: Trump Eyeing U.S. Bitcoin Reserve on Day One via Executive Order

In a jaw-dropping revelation, Jack Mallers, CEO of Strike, hinted that President-elect Donald Trump plans to establish a U.S. strategic bitcoin reserve via an executive order as soon as he takes office. Speaking on Timcast, hosted by commentator Tim Pool, Mallers’ insights have ignited discussions about the potential mainstream adoption of bitcoin at a national level.

Trump’s Bold Bitcoin Move: A Strategic Reserve

The concept of a U.S. bitcoin reserve isn't entirely new. Senator Cynthia Lummis’s Bitcoin Act of 2024 has already proposed that the U.S. Treasury and Federal Reserve acquire 200,000 bitcoins annually over five years, creating a reserve of one million coins—roughly 5% of the total bitcoin supply. This legislation underlines a growing belief among policymakers that bitcoin could play a pivotal role in stabilizing and securing the U.S. dollar's future.

Mallers’ comments, however, suggest that Trump may not wait for legislative measures to unfold. Instead, he could invoke executive authority to set the ball rolling immediately.

Timcast Interview: Mallers’ Shocking Claim

During the interview, Mallers described how Trump is considering an executive order on day one to secure a bitcoin reserve:

“Trump is looking at a day one executive order,” Mallers stated confidently.

Tim Pool, visibly surprised, asked, “Sorry. You said a day one executive order for a bitcoin reserve for the United States?”

Mallers replied, “Yeah… There’s potential to use a day one executive order to purchase bitcoin.”

He clarified that while the initial reserve might not reach the scale proposed by Lummis’s legislation, it would send a clear message about the U.S.'s intent to embrace digital assets.

Trump’s Crypto Stance: From Speculation to Strategy?

Trump himself has hinted at major plans for crypto. During his recent appearance at the New York Stock Exchange, he cryptically remarked to CNBC, “We’re gonna do something great with crypto.” When pressed about creating a bitcoin reserve akin to the U.S. strategic petroleum reserve, Trump responded, “Yes, I think so.”

What Could a Bitcoin Reserve Mean for the U.S.?

If the U.S. establishes a strategic bitcoin reserve, it could significantly impact:

1. Global Bitcoin Adoption: Such a move would legitimize bitcoin as a key asset for national reserves, encouraging other nations to follow suit.
2. Economic Strategy: Integrating bitcoin into currency reserves could hedge against inflation and provide an alternative to traditional financial systems.
3. Market Dynamics: Government accumulation of bitcoin could drive prices upward, benefiting early adopters and reshaping supply-demand dynamics.
4. Geopolitical Influence: Establishing a bitcoin reserve could position the U.S. as a leader in the digital asset revolution, enhancing its influence in the evolving global economy.

A New Era for Bitcoin?

Mallers’ claims and Trump’s comments suggest that the U.S. may be on the cusp of integrating bitcoin into its financial framework. While the specifics remain speculative, the potential implications are staggering. If executed, such a move could redefine how governments interact with cryptocurrencies, turning bitcoin into a cornerstone of economic and strategic policy.

As crypto enthusiasts watch closely, one thing is certain: the winds of change are blowing, and bitcoin is at the center of the storm.