$BTC #WhiteHouseCryptoSummit
President Trump signed an order to establish a U.S. Strategic Bitcoin Reserve, using 200,000 BTC owned by the government and aiming to acquire more Bitcoin without taxpayer costs.
A recent Bitcoin (BTC) transfer from Mt. Gox involved a $1 billion asset reshuffle and a $15 million transfer to BitGo, raising concerns about potential selling pressure as assets are distributed.
Saylor proposed a Bitcoin reserve strategy at the White House Crypto Summit, aiming to generate $100 trillion for the U.S. economy over the next decade.
