US Bitcoin reserve odds skyrocket on betting markets
Kalshi bettors put the odds of Trump creating a Bitcoin reserve in 2026 at roughly 70%.
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Kalshi bettors put the odds of Trump creating a Bitcoin reserve in 2026 at roughly 70%.
“Democrats legacy: A loss of more than $18.5 billion in unrealized value for American taxpayers,” the senator wrote on social media.
“This bill is about protecting the hard-earned money of Oklahoma’s citizens,” Representative Cody Maynard said upon introducing the act.
According to data from MicroStrategy co-founder Michael Saylor, the company holds 444,262 Bitcoin, valued at roughly $41.4 billion.
Bitcoin policy advocate Dennis Porter recently said he expects states to establish Bitcoin reserves before the federal government.
President-elect Trump promised the establishment of a strategic Bitcoin ‘stockpile’ during the Bitcoin 2024 event in Nashville Tennessee.
Sławomir Mentzen, a Polish presidential candidate, has vowed to create a Bitcoin reserve if elected in 2025.
The United States government has the highest gold reserves in the world, with over 8,000 tons of the precious metal on its balance sheet.
The election of a pro-crypto President in the United States and growing macroeconomic turmoil will continue to drive investors to Bitcoin.
The Galaxy Digital CEO argued that he does not expect the nearly $36 trillion national debt to be paid without devaluing the currency.
