US Pushes Plan To Become Bitcoin Superpower

U.S. Treasury Secretary Scott Bessent announced that Bitcoin seized and forfeited to the federal government will form the foundation of the Strategic Bitcoin Reserve, established by President Donald Trump under a March Executive Order.

Bessent emphasized that the Treasury is exploring budget-neutral ways to acquire more Bitcoin — meaning without increasing the federal deficit — in order to expand the reserve. The ultimate goal is to fulfill President Trump’s pledge to make the United States the “Bitcoin superpower of the world.”

Analysts see this as a positive signal for the cryptocurrency market. A major nation like the U.S. openly committing to holding and accumulating Bitcoin could strengthen investor confidence, spark new buying pressure, and provide medium- to long-term support for BTC prices.

Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.