USUS PoliticsExecutive Branch

Trump Admin Will Explore Ways to Acquire Bitcoin for Strategic Reserve

The president said he’s ending Biden’s ‘Operation Choke Point 2.0,’ referring to efforts to cut off banking services to crypto companies.
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Trump Admin Will Explore Ways to Acquire Bitcoin for Strategic Reserve
President Donald Trump (C) speaks alongside Treasury Secretary Scott Bessent (L) and White House crypto czar David Sacks at the Digital Assets Summit at the White House on March 7, 2025. Anna Moneymaker/Getty Images
Emel Akan
Updated:
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WASHINGTON—President Donald Trump said on March 7 that his administration is exploring ways to invest in bitcoin for the national strategic reserve, which will be established through his new executive order.

He made the announcement at the first White House crypto summit, which was attended by leading figures from the digital asset industry.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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