Trump Declares Bitcoin a Strategic Asset in Race Against China

Bitcoin

Trump Declares Bitcoin a Strategic Asset in Race Against China

President Donald Trump has reaffirmed his commitment to making the United States the global leader in cryptocurrency, framing digital assets—especially Bitcoin—as essential to the country’s economic future and financial independence.

In recent remarks at the White House, Trump highlighted the rapid growth of the crypto sector under his leadership, contrasting it with what he described as stagnation during the previous administration.

He argued that without U.S. action, rival powers like China would have taken control of the digital finance race. For Trump, crypto is not just an industry—it’s a matter of national competitiveness.

Bitcoin, he said, has become a vital tool for innovation, employment, and payments infrastructure. Far from undermining the U.S. dollar, Trump believes BTC offers support by easing global financial pressures. Calling it “a great thing for America,” he positioned Bitcoin as a strategic asset with long-term national benefits.

To cement this vision, Trump has already signed an executive order aimed at building a Strategic Bitcoin Reserve. The initiative is backed by proposed legislation—the BITCOIN Act—which would authorize the purchase of up to one million BTC over five years. Senator Cynthia Lummis introduced the bill as part of a broader push to integrate digital assets into U.S. financial policy.

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Author

Alexander Zdravkov

Reporter at Coindoo

Alexander Zdravkov is passionate about questions of meaning. He is a fluent German speaker as well as He has been in the crypto space for more than three years and has an eye for spotting emerging trends in the world of digital currencies. Whether providing in-depth analysis or reporting on all topics on a daily basis, his deep understanding and enthusiasm for what he does makes him a valuable addition to the team.

Source: https://coindoo.com/trump-declares-bitcoin-a-strategic-asset-in-race-against-china/