If we believe traders on Polymarket, the probability of a Strategic Bitcoin Reserve has increased significantly in recent days. Yesterday, the probability was 35%, while it is now said to be 47% – and this within the first 100 days of Trump’s presidency.
Just wait a few more days
Donald Trump’s inauguration is scheduled for January 20th, so there are only a few days left until the long wait and speculation can begin.
Will Donald Trump actually create a Strategic Bitcoin Reserve? And what could this plan look like?
The United States currently owns about 200,000 Bitcoin, although these have been seized as part of criminal proceedings.
It would be particularly noteworthy if Trump and his administration actually bought Bitcoin. Will that happen? That remains to be seen.
Not just Bitcoin?
Yesterday, reports suddenly emerged that Trump might be considering creating an “American” crypto reserve. This reserve would consist of cryptocurrencies developed in the United States.
Solana and XRP are among those mentioned as potential coins for this reserve.
🇺🇸 BREAKING: Trump considers US-based crypto reserve, potentially prioritizing coins like Solana and $XRP. pic.twitter.com/Lwix7XGrHx
— Cointelegraph (@Cointelegraph) January 16, 2025
However, this plan seems less likely. Why would Trump buy coins that still have to prove themselves? What has XRP, for example, actually achieved in recent years?
The same applies to Solana, where mostly memecoins are launched in the hope of selling them to others at a profit.
From the industry’s point of view, it remains to be hoped that this remains just a rumor, as Trump’s plan would otherwise lose credibility.
On the other hand, there is still Trump – and such unusual plans are of course to be expected from him.
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