When President Donald Trump marks his first 100 days back in the White House with a campaign organized by Securing American Greatness, public opinion is abuzz with the possibility that he will take a historic step: officially adding Bitcoin to the national financial reserves. According to data from the prediction market Polymarket, there is only a 2% chance that Trump will announce Bitcoin reserves before the 100-day milestone ends tomorrow.
Source: Polymarket
This speculation arises after recent comments from U.S. Secretary of Commerce Howard Lutnick regarding the administration's changing stance on digital assets. Lutnick shared about the significant shift from the previous administration's restrictive approach to cryptocurrency, saying that:
"Under Biden, it was seen as if you were doing something wrong... But that is over now."
View Bitcoin as gold
Lutnick stated that the Trump administration views Bitcoin not as a currency, but as a commodity, similar to gold or oil.
"There is only a limited amount. Bitcoin to me is like gold... It should be treated as a commodity."
He added that once the United States officially recognizes Bitcoin as a commodity, it could open the door to widespread use, including buying, selling, and holding it as an asset — similar to gold.
"No one prohibits buying or selling oil or gold. Bitcoin should be treated the same way."
Potential role in trade and GDP
Lutnick also revealed that the Bureau of Economic Analysis is considering treating Bitcoin similarly to gold in economic statistics, such as trade balance and GDP. While he did not confirm any official plans, he stated that this is "a good idea" being contemplated.
The Secretary of Commerce emphasized the importance of transparency in government data, suggesting that new classifications may emerge to help the American public better understand Bitcoin's role in national economic indicators.
Strategic reserves in Bitcoin?
Although Lutnick did not confirm whether the United States is holding Bitcoin in its strategic reserves, he mentioned that discussions are still ongoing.
"When the administration is ready to announce the answer, we will do so," he said, but declined to provide details about the volume of holdings or who is managing them.
He emphasized that Bitcoin remains on the administration's agenda while praising Trump's commitment to supporting the crypto community.
"Trump has promised to support Bitcoin and he has kept that promise. After addressing trade issues and efforts for global peace, Bitcoin will certainly return to the agenda," Lutnick asserted.
Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do their own research before making decisions. We are not responsible for your investment decisions.