At the ongoing Bitcoin 2025 conference in Las Vegas, Justin Sun, the founder of Tron, expressed his admiration for US President Donald Trump and his strong support for cryptocurrencies. Sun, who attended Trump’s private "crypto dinner," is not only the largest holder of the meme coin $TRUMP but also invested $75 million in WLFI, a company closely tied to Trump’s plans in the digital assets space.
Trump's Support for Bitcoin and Strategic Reserve
At the conference, Sun focused on Trump’s role in the cryptocurrency space, particularly in relation to his executive order regarding the strategic Bitcoin reserve. This move, aimed at securing Bitcoin as part of the US national treasury, was seen as proof of the president’s dedication to digital assets and blockchain technology. The executive order establishes Bitcoin as a strategic store of value, similar to gold.
"Without Trump, Bitcoin would never have reached the new historic milestone of $100,000," Sun stated, referring to the rapid growth of Bitcoin's price following Trump’s election victory. Bitcoin reached $100,000 in December 2024, and since then, it has continued to rise, recently trading above $109,000.
Investments in US Cryptos and Satellite Bitcoin Infrastructure
In March 2025, Trump also approved an executive order to create a strategic Bitcoin reserve, which could significantly change Bitcoin’s role in the US economy. Tether has also started investing in US companies and is involved in developing satellite infrastructure to store Bitcoin in space.
Through these initiatives, Trump is supporting the broader adoption of Bitcoin and other cryptocurrencies within the federal infrastructure. According to Senator Cynthia Lummis, the US Senate will be discussing the Bitcoin Bill next week, which aims to codify the strategic Bitcoin reserve and allow the federal government to purchase up to 1 million BTC over five years.
Cryptocurrency Regulation and New Stablecoin Bill
Additionally, the US Senate is set to approve the Stablecoin Bill, which would represent the first comprehensive framework for cryptocurrency regulation in the country. According to some analysts, this move has the potential to bring legal clarity and financial certainty to the US crypto markets.
With these steps, the US is rapidly becoming a global leader in cryptocurrency innovation, a move welcomed by investors like Justin Sun. Bitcoin and Ethereum are experiencing growth, and major exchanges and mining companies are moving to the US, where the stable political environment and increasing institutional interest are key drivers for market growth.
Bitcoin as a National Strategy Under Trump
Under Trump’s administration, Bitcoin will no longer just be a form of digital money. Instead, it will become a key element of the national strategy, which could have far-reaching effects on the US economy and the global cryptocurrency market.
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