Story perspectives

Trump Launches $20B Bitcoin Reserve, Targets 1M Coins

4/29/2026

Summary

Trump Launches Bitcoin Reserve

President Donald Trump signed a March 2025 executive order creating a Strategic Bitcoin Reserve with about 200,000 seized BTC.
Treasury Secretary Scott Bessent said the government holds $15-$20 billion in Bitcoin and, under Rep. Nick Begich’s renamed American Reserves Modernization Act, plans to acquire up to 1 million BTC over five years budget-neutrally.
Prediction markets give a 22% probability that the reserve will be operational before 2027, indicating uncertainty over congressional approval.

Summary

SEC Announces Exemptions

SEC Chairman Paul Atkins announced innovation exemptions for on-chain tokenization testing.
Senator Cynthia Lummis pledged to move the CLARITY Act toward a presidential signature before August recess.
Bitcoin fell below $77,000 on April 28 after an 18% gain since $65,000.
Prediction markets assign Bitcoin a 4.8% chance of reaching $200,000 by Dec 31, 2026.
Daily USD Coin (USDC) volume totals $505, with a $1,589 trade capable of shifting the market five points.

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Trump Launches Bitcoin Reserve

President Donald Trump signed a March 2025 executive order creating a Strategic Bitcoin Reserve with about 200,000 seized BTC.
Treasury Secretary Scott Bessent said the government holds $15-$20 billion in Bitcoin and, under Rep. Nick Begich’s renamed American Reserves Modernization Act, plans to acquire up to 1 million BTC over five years budget-neutrally.
Prediction markets give a 22% probability that the reserve will be operational before 2027, indicating uncertainty over congressional approval.

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