Trump Urges U.S. Treasury to Purchase Bitcoin, Calls It a “Critical Asset for the Nation’s Future”

Washington, D.C.—In a surprising statement, former U.S. President Donald Trump on Monday urged the U.S. Treasury to include Bitcoin in its strategic asset reserves. He claimed that Bitcoin is not only the “gold of the digital age” but also a crucial asset for maintaining the United States’ economic competitiveness in the future.

Speaking at an economic forum in Florida, Trump stated: “Bitcoin is the future. We cannot allow other countries to outpace us in this area. China and Russia are already developing their own digital currencies, and America needs to stay ahead. Buying Bitcoin is a strategic move to secure the dollar’s position.”

The proposal has quickly garnered attention from various sectors. Some economists believe that government purchases of Bitcoin could further drive up its price and yield long-term benefits for the United States. However, critics warn that Bitcoin’s extreme price volatility poses significant risks that the government may not be prepared to handle.

Current U.S. Treasury Secretary Janet Yellen responded cautiously, saying: “We are exploring digital assets, but allocating public funds to Bitcoin requires a highly careful evaluation.”

According to sources familiar with internal discussions at the White House, Trump’s proposal may become a key element of future economic policy, particularly if he runs and wins the presidency again in 2028.

The markets reacted swiftly to the news, with Bitcoin’s price surging from $100,995 to $103,500 within a few hours. As of January 21, 2025, Bitcoin is trading at $104,575.  Market analysts are optimistic about Bitcoin breaking the $110,000 threshold.

While Trump’s suggestion has sparked widespread debate, experts note that adopting Bitcoin as part of the nation’s asset reserves would require lengthy legislative and policy discussions.