Trump offered a ‘massive’ $280 trillion Bitcoin reserve to save the dollar

Donald Trump, the US president-elect, helped send Bitcoin prices to record levels this year With plans to create a strategic bitcoin reserve in the United States.

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Bitcoin price has doubled since summer lows, rising to over $100,000 per bitcoin. The Federal Reserve has warned that its “biggest nightmare” has come true.

now, The leak reveals that Russia could overtake the United States in Bitcoin reservesTrump’s “bitcoin-fueled capital markets renaissance to unleash trillions in wealth” has been touted by MicroStrategy founder Michael Saylor.

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ForbesBlackRock quietly confirmed a devastating bombshell for Bitcoin pricesby Billy Bambrough

“A strategic digital asset policy can strengthen the US dollar, neutralize the national debt, and position America as a global leader in the 21st century digital economy,” Saylor said. books In the so-called “Digital Assets Framework”. to publish To X.

The document outlines plans for a US Bitcoin reserve – expected to generate between $16 trillion and $81 trillion, offsetting the US national debt which has risen to just over $36 trillion this year and “cementing the US dollar as the foundation of the digital financial system of the century.” twenty-first.” “.

last week, Trump confirmed that he plans to create a Bitcoin reserve in the United StatesHe says CNBC He wants the United States to create a strategic bitcoin reserve similar to its oil reserve.

In July, Republican candidate Donald Trump promised to create a “Strategic National Bitcoin Reserve” and predicted that Bitcoin would do just that. Gold’s $16 trillion market cap trumps during an appearance at the Bitcoin 2024 conference.

US Senator Cynthia Lummis has introduced a Bitcoin Reserve Bill to Congress, proposing that the US Treasury Department purchase 200,000 Bitcoins each year until the reserve reaches 1 million Bitcoins.

Among other eye-catching numbers, Saylor’s presentation envisions expanding “global digital capital markets from $2 trillion to $280 trillion, with US investors capturing the majority of this wealth,” and driving “growth in digital assets (outside of Bitcoin) of $1 trillion.” To $590. Trillion dollars, with the United States controlling this industry.”

As the bitcoin and cryptocurrency market booms, that will create “tremendous demand for US Treasuries,” according to Saylor, referring to the massive stock of US Treasuries held by stablecoin issuer Tether that helped it post $10 billion in profits in 2024.

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ForbesLeak reveals Russia’s bid for Bitcoin reserves amid huge 2025 price predictionsby Billy Bambrough

MicroStrategy, which was founded as a software company in the pre-dotcom boom era before the dot-com bubble, has turned into what Saylor calls a “bitcoin treasury” company, outperforming the likes of stock market darling Nvidia as it finances its bitcoin purchases through the sale of securities. Transferable. and stock market offerings.

MicroStrategy has successfully pushed Bitcoin’s price boom to all-time highs, far outpacing Bitcoin itself as traders use the company’s shares as a proxy for Bitcoin and this month it was listed on the prestigious Nasdaq 100 index –It is expected to fuel further gains in MicroStrategy shares.

“There is a valuable lesson in Michael Saylor’s conversion to Bitcoin, although it may not be what you expect,” Markus Thelen, CEO of 10x Research, wrote in an email to clients, referring to Saylor’s rejection of Bitcoin in 2013.

“In June 2021, former US President Donald Trump expressed doubts about Bitcoin, calling it a ‘scam.’ However, by the summer of 2024, Trump had become a vocal advocate for Bitcoin. It seems like everyone has a tipping point when it comes to embracing Bitcoin.