At the Bitcoin 2025 conference, Justin Sun thanked Trump for creating a more favorable environment for the development of blockchain and digital assets — the regulatory climate in the U.S. has changed due to the influence of the president and his new administration. San stated that without Trump and public support for cryptocurrencies, Bitcoin would never have reached record highs. In December 2024, after Trump's victory in the presidential elections, the first cryptocurrency exceeded $100,000. The bull rally continues to this day — recently, Bitcoin reached a new peak of $112,000. Currently, BTC has corrected and is trading above $108,000.
San also mentioned that he attended the high-profile private gala dinner hosted by Trump for 220 of the largest holders of TRUMP tokens. Feedback from other participants about the private dinner with the president was not so complimentary. Some attendees expressed disappointment with Trump's short speech, and the hopes of crypto investors to converse with the president were not fulfilled.
The founder of Tron became one of the largest holders of TRUMP. According to the analytical platform Lookonchain, San held 1,176,803 TRUMP tokens worth over $14.32 million. Additionally, San invested $75 million in the lending platform World Liberty Financial (WLFI), launched by the Trump family.
In March, Trump signed an order to create a strategic reserve in bitcoins, which will store digital assets confiscated by U.S. authorities. Altcoins ETH, SOL, XRP, and ADA are to be placed in a separate fund, according to the order.#TrumpMediaBitcoinTreasury $BTC