Trump Unveils Bitcoin Reserve Strategy at White House Crypto Summit
1min read US President Donald Trump is set to unveil his Bitcoin Reserve Strategy at the upcoming White House Crypto Summit on March 7. According to The Pavlovic Report, Commerce Secretary Howard Lutnick confirmed that the President will outline his vision for the crypto industry during the event, including a strategy for a Bitcoin reserve alongside broader regulatory plans for digital assets.
Lutnick noted that while the President supports the creation of a Bitcoin Strategic Reserve, discussions on the regulatory approach for altcoins are ongoing. He stated, "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."
Meanwhile, Lutnick also confirmed that Bitcoin will receive special recognition under Trump’s plan, while other cryptocurrencies will be handled differently under the new policy. He said, "So Bitcoin is one thing, and then the other currencies, the other crypto tokens, I think, will be treated differently—positively, but differently." This clarification comes after Trump's recent social media post hinted that the crypto reserve plan might include multiple assets such as Ethereum, Solana, Cardano, and XRP.
The White House Crypto Summit will bring together prominent industry figures to discuss regulatory clarity, financial innovation, and economic growth opportunities. Strategy chairman Michael Saylor confirmed his invitation to the event, which will be hosted by the President. Strategy is the largest public holder of Bitcoin in the world, with nearly 500,000 BTC.
Bitcoin Magazine CEO David Bailey and executives from leading US crypto trading platforms, including Coinbase’s Brian Armstrong, Kraken’s Arjun Sethi, and Robinhood’s Vlad Tenev, will also attend. fox Business reporter Eleanor Terrett noted that several high-profile industry players, including Chainlink co-founder Sergey Nazarov, have also confirmed their participation.
Venture capitalists, such as Paradigm co-founder Matt Huang and Multicoin Capital managing partner Kyle Samani, will also be present. Huang emphasized the importance of US leadership in crypto innovation, stating, "I look forward to discussing how America can take a leadership role in promoting the principles of open crypto and enabling builders in ecosystems such as Bitcoin, Ethereum and Solana."
