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U.S. President Donald Trump stated that as of today, the United States will not sell any of the Bitcoin it holds, confirming that the federal government has 200,000 Bitcoin in its possession.

During the first cryptocurrency summit at the White House, Trump pointed out that the U.S. government "acted rashly" and sold tens of thousands of Bitcoin, most of which were sold during the Biden administration, which did not wait for the currency price to reach higher levels. He added: "Assets from digital currencies other than Bitcoin will be kept in a new digital inventory."

The term #TrumpCryptoSummit refers to a meeting hosted by Donald Trump at the White House on Friday, March 7, 2025. Here’s what has been reported:
* Pro-Crypto Stance: Trump indicated strong support for the cryptocurrency industry and blockchain innovation, aiming to make the United States a leader in this sector.
* Strategic Crypto Reserve: There were discussions and even an executive order to create a "Strategic Crypto Reserve" in the United States, which some experts likened to a "digital Fort Knox."
* Regulatory Clarity: The summit addressed reducing regulatory uncertainty to encourage more investment in digital assets.
* Great Bitcoin Power: At the summit, Trump stated that the United States would be a "great Bitcoin power."
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On March 7, 2025, U.S. President Donald Trump hosted a historic summit on digital currencies at the White House, bringing together leading industry figures to discuss the future of digital assets and the role of the United States in this growing sector.

The summit was attended by the President's advisor on artificial intelligence and cryptocurrencies, David Sachs, along with officials from the U.S. Department of the Treasury and the Federal Reserve.

This summit comes at a sensitive time, as the Trump administration seeks to provide a new regulatory environment that fosters investment and innovation in cryptocurrencies. In an unprecedented move, President Trump signed an executive order on March 6, 2025, to create a "Strategic Reserve of Bitcoin," comprising about 200,000 Bitcoins (equivalent to $17.5 billion at current market prices), acquired through previous legal seizures.

This summit represents a shift in Trump's policies towards digital currencies, as he has transitioned from being a strong critic during his first presidential term to becoming one of their prominent supporters in his current term. In addition to establishing the strategic Bitcoin reserve, Trump appointed Paul Atkins, a leading advocate for digital currencies, as the head of the regulatory agency for financial markets.
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🔥🔥🔥 CRYPTO SUMMIT at the WHITE HOUSE
➡️ The main news of the day yesterday focused at the end of the day!
🇺🇸 Key takeaways from the White House summit on cryptocurrencies
▪️ The United States is striving to become the global capital of cryptocurrency.
▪️ A cryptocurrency reserve will be created and BTC assets will become a digital analogue of Fort Knox.
▪️ The government holds 200,000 BTC and has no intention of selling them.
▪️ The Treasury Department and the Commerce Department are considering the possibility of additional BTC purchases.
▪️ The stablecoin legislation must be passed before August.
▪️ Operation ChokePoint 2.0, aimed at pressuring the cryptocurrency industry, is coming to an end.
😁 "Never sell bitcoin... Biden sold himself for billions".
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