Trump to announce Bitcoin reserve strategy at White House Crypto Summit: report
President Donald Trump is set to unveil a Bitcoin reserve strategy at the White House Crypto Summit
Commerce Secretary Howard Lutnick confirmed the plan in an interview with The Pavlovic Today, stating that Bitcoin would receive special status under Trump’s initiative.
“A Bitcoin strategic reserve is something the President’s interested in. He spoke about it all during the campaign trail, and I think you’re going to see it executed on Friday,” Lutnick said.
The summit, chaired by venture capitalist David Sacks and Congressman Bo Hines, marks a key moment in Trump’s efforts to position the U.S. as a leader in digital finance.
According to reports, the White House Crypto Summit will have a smaller-than-expected guest list, featuring industry leaders like Michael Saylor, Coinbase CEO Brian Armstrong, Robinhood co-founder Vlad Tenev, others from the crypto space, and government officials from the Presidential Working Group on Digital Assets, with a larger reception planned nearby for those not invited to the roundtable.
The administration’s approach follows Executive Order 14178, which outlines a framework for fostering growth in the crypto industry while distinguishing Bitcoin as a strategic asset.
US crypto reserve
Trump recently emphasized his support for digital assets on Truth Social, stating that a “U.S. Crypto Reserve” would strengthen the industry after what he called “corrupt attacks” by the Biden administration.
He also mentioned that the reserve could include other major cryptocurrencies like XRP (XRP), Solana (SOL), and Cardano (ADA), alongside Bitcoin (BTC) and Ethereum (ETH).
“So Bitcoin is one thing, and then the other currencies, the other crypto tokens, I think, will be treated differently — positively, but differently,” Lutnick said.
The summit is expected to provide further clarity on the administration’s regulatory plans, which could influence the global digital asset landscape.
Friday’s announcement may mark a turning point for the industry, reinforcing the U.S. government’s evolving stance on crypto.
