Trump to Make Bitcoin a US Reserve Asset on Day One
Speculations surge as Trump eyes Bitcoin for US reserve
President-elect Donald Trump may designate Bitcoin as a United States reserve asset through an executive order on his first day in office, sparking massive interest in Bitcoin price predictions for 2025. This speculation emerged from a podcast interview with Jack Mallers, CEO of Strike, where he outlined Trump’s potential reliance on a “Dollar Stabilization Act” to justify the move.
Mallers hinted that the U.S. Treasury could purchase a significant amount of Bitcoin, though likely not as large as 1 million BTC. This aligns with the proposed “Bitcoin Act of 2024” by pro-crypto Senator Cynthia Lummis, which aims for the Treasury and Federal Reserve to buy 200,000 BTC annually over five years. If executed, the U.S. would control 5% of Bitcoin’s total 21 million supply.
The bold move has led to lofty price targets. Perianne Boring, founder of The Digital Chamber, noted Bitcoin’s capped supply could trigger extraordinary growth. She cited the stock-to-flow model, predicting Bitcoin could hit $800,000 by late 2025 and potentially reach a $15 trillion market cap, a sharp rise from its current $2 trillion. PlanB, the model’s creator, estimates Bitcoin could average $500,000 in 2025, with spikes as high as $1 million.
Adding to the demand narrative, BlackRock, managing over $10 trillion in assets, recently recommended investors allocate 1-2% of portfolios to Bitcoin. If global reserve assets—valued at $900 trillion—allocated just 2% to BTC, the price could theoretically soar to $900,000 per unit.
As speculation builds, Trump’s crypto strategy may redefine global finance, fueling Bitcoin’s path to unprecedented highs.