Trump may use Bitcoin as US reserve asset on ‘day one’ — How high will BTC price go?
Trump’s potential executive order making Bitcoin a US reserve asset may drive a $20 billion BTC purchase in 2025.
Donald Trump will likely issue an executive order on his first day in office to designate Bitcoin (BTC) as a United States reserve asset, according to Jack Mallers, CEO and founder of Strike.
In a podcast interview with YouTuber Tim Pool, Mallers explained that the president-elect could rely on provisions within a so-called “Dollar Stabilization Act,” which grants him considerable authority to protect the US dollar.
“There’s potential to use a day-one executive order to purchase Bitcoin,” Mallers stated, adding:
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Author: Yashu Gola